Q359
Bonds with coupon are attached to bond for paying interest when it becomes due are classified as
A.
trustee bonds
B.
local bonds
C.
bearer bonds
AnswerD.
nearer bonds
Answer: Option C
Solution
Answer: Option C
Solution:
Bonds with coupon are attached to bond for paying interest when it becomes due are classified as bearer bonds. A bearer bond is a fixed-income instrument that is owned by whoever is holding it, rather than having a registered owner.