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.
Correct Answer:
Verified
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