Bonds that have interest coupons attached to their certificates, which the bondholders detach during each interest period and present to a bank for collection, are called:
A) Coupon bonds.
B) Callable bonds.
C) Serial bonds.
D) Convertible bonds.
E) Registered bonds.

Question

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Bonds that have interest coupons attached to their certificates are known as coupon bonds. The bondholders detach the coupon during each interest period and present it to a bank for collection.

Bonds That Have Interest Coupons Attached to Their Certificates, Which