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
D. nearer bonds
Answer: Option C
Solution(By Examveda Team)
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.Related Questions on International Finance and Treasury
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