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Which of the Following Statements Is FALSE

Question 2

Multiple Choice

Which of the following statements is FALSE?


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

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