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Which of the Following Statements Is FALSE

Question 3

Multiple Choice

Which of the following statements is FALSE?


A) With registered bonds,on each coupon payment date,the bond issuer consults its list of registered owners and mails each owner a check (or directly deposits the coupon payment into the owner's brokerage account) .
B) If a coupon bond is issued at a discount,it is called an original issue discount bond.
C) The face value or principal amount of the bond is denominated in standard increments,most often $10,000.
D) In a public offering,the indenture lays out the terms of the bond issue.

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