Atlas Entertainment has 15-year bonds outstanding.The interest payments on these bonds are sent directly to each of the individual bondholders.These direct payments are a clear indication that the bonds can accurately be defined as being issued:

Question

Quizplus · Accepted Answer

Bonds issued in registered form have the interest payments sent directly to each individual bondholder, while bonds issued in street form have the interest payments sent to a single intermediary who then distributes the payments to the bondholders. Therefore, option B is the best choice as it accurately describes the type of bond issuance. Options A, D, and E are not related to the method of interest payment, while option C is incorrect as street form bonds do not have direct payments to individual bondholders.

Atlas Entertainment Has 15-Year Bonds Outstanding