Our professor, Francesco Bova, has the honour / misfortune of having us for our Friday afternoon Financial Accounting class. It's usually a good time (yes, you read that correctly).
Just now, he was asking us what types of securities would be considered as being classed as "held to maturity". He jokingly hinted that the only securities with maturities are bonds. The best question of the day:
"Does a zero coupon bond have a maturity?"
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