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

Question

Quizplus · Accepted Answer

Coupon bonds have interest coupons attached to their certificates, which the bondholders detach when they mature and present to a bank for collection. Serial bonds are bonds issued in a series with different maturity dates, callable bonds can be redeemed by the issuer before maturity, convertible bonds can be exchanged for a specified number of shares of stock, and registered bonds have their ownership information recorded by the issuer.

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