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Accountıng Iı Deneme Sınavı Sorusu #1041466
Accountıng Iı Deneme Sınavı Sorusu #1041466
Which of the following is called for bond issues that mature in installments?
Coupon bond |
Secured bond |
Callable bond |
Serial bond |
Term bond |
Yanıt Açıklaması:
Bonds issued in the name of the owner are called registered bonds, bonds not issued in the name of the owner are called bearer (coupon) bonds. Bonds which pay interest from the profit of issuing company are called “income bonds”, bonds which pay interest from specified revenue sources are called “revenue bonds”. Bond issues that mature on a single date are called term bonds, bond issues that mature in installments are called serial bonds. The correct answer is D.
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