Bonds owned by investors whose names and addresses are recorded by the issuing corporation,and for which interest payments are made with cheques to the bondholders,are called
A)Callable bonds
B)Serial bonds
C)Coupon bonds
D)Registered bonds
E)Bearer bonds

Question

Quizplus · Accepted Answer

Registered bonds have the names and addresses of the investors recorded by the issuing corporation and interest payments are made with cheques to the bondholders. Callable bonds can be redeemed by the issuer before maturity, serial bonds are issued with varying maturity dates, coupon bonds have physical coupons that are detached and redeemed for interest payments, and bearer bonds do not have the name of the investor recorded and can be transferred by physical possession.

Bonds Owned by Investors Whose Names and Addresses Are Recorded