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

Question

Quizplus · Accepted Answer

Coupon bonds have interest coupons attached to their certificates, which are detached and presented to a bank or broker for collection. Callable bonds can be redeemed by the issuer before their maturity date. Serial bonds have a portion of the bonds maturing at different intervals. Convertible bonds give the bondholder the option to convert the bond into a predetermined number of shares of common stock. Registered bonds have the bondholder's name and address recorded by the issuer, and the interest payments are mailed directly to the bondholder.

Bonds That Have Interest Coupons Attached to Their Certificates,which the Bondholders