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"I Just Found a Corporate Bond Lying on the Sidewalk

Question 88

Multiple Choice

"I just found a corporate bond lying on the sidewalk. Can I get interest payments from it and also cash it in for its face value?" What is the best answer to the question just posed?


A) Of course you can.
B) You can if it is a registered bond.
C) Absolutely not.
D) You can if it is a bearer bond.

Correct Answer:

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