Asked by Rachel Osorio on Apr 26, 2024
Verified
A(n) _______ bond is issued without record of the purchaser's name.
A) Straight
B) Unfunded
C) Registered
D) Bearer
E) Income
Bearer Bond
A bearer bond is a type of fixed-income security that is not registered in the owner's name, allowing the holder of the document to collect the interest and principal payments.
Registered
This can refer to securities, companies, or assets that have been officially recorded and recognized by regulatory authorities.
- Recognize and elucidate the diverse kinds of bonds along with their attributes.
Verified Answer
KD
Katze DämonApr 29, 2024
Final Answer :
D
Explanation :
Bearer bonds are issued without a record of the owner's name, allowing whoever holds the bond physically to claim the interest payments.
Learning Objectives
- Recognize and elucidate the diverse kinds of bonds along with their attributes.