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Which of the following statements about financial markets and securities is TRUE?
A.
A bond is a long-term security that promises to make periodic payments called dividends to the firm's residual claimants.
B.
A debt instrument is intermediate term if its maturity is less than one year.
C.
A debt instrument is intermediate term if its maturity is ten years or longer.
D.
The maturity of a debt instrument is the number of years (term、to that instrument's expiration date.