Solved

Match the Type of Bond with the Appropriate Description

Question 65

Short Answer

Match the type of bond with the appropriate description.
Type of Bond
A. Debentures
B. Secured bonds
C. Ordinary bonds
D. Serial bonds
E. Callable bonds
F. Redeemable bonds
G. Convertible bonds
H. Registered bonds
I. Coupon bonds
J. Indentures
K. None of the above Description
____ 1. When the bond interest date approaches, the investor detaches a form from the bond, signs it, and mails it to the issuing company.
____ 2. Bonds that can be exchanged for other securities of the issuer, at the optio of the investor.
3. There is no pledge of assets, or mortgage, as a guarantee of payment of th bonds at maturity.
4. Bonds that may be called for early retirement at the option of the issuer.
5. The payment of the principal as a single sum at a specified date.
____ 6. Payment of bond interest is made only to the investor currently on the records of the issuer.
____ 7. Bonds that may be turned in for early retirement at the option of the investor.
____ 8. Bonds that include a mortgage or pledge of specific assets as a guarantee of repayment at maturity.

Correct Answer:

verifed

Verified

(1) I, (2) G, (3) A,...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents