A bearer bond has the disadvantage(s) of:
A) being non-transferable if lost or stolen.
B) ownership of the bonds are recorded in the company's books.
C) no direct communication as it is held by an unidentified owner.
D) having to remit the coupon to the issuer (company) to collect.
E) difficulty in tax collection on interest when the holder is unknown.
Correct Answer:
Verified
Q1: If a bond was issued at par,
Q10: Bonds below BBB or Baa are called:
A)income
Q11: Long term debt that is privately placed
Q12: Long-term debt is sometimes called:
A)funded debt.
B)hybrid debt.
C)unfunded
Q13: Suppose that a bond is issued at
Q14: The written agreement between a corporation and
Q16: As a part of a bond issue,
Q17: The trustee's job as agent for the
Q18: The price of a €1,000 face value
Q19: Bonds that sell for much less than
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