SIE Exam Practice Question 859
Question: 859
Which of the following is/are correct regarding registered bonds and bearer bonds?
(1) A registered bond is registered with the corporation or organization that issued the bond, and coupon payments are made to the owner of record.
(2) A bearer bond can be transferred like cash, and coupon payments are made to the person who holds the bond.
Correct Answer: C
Explanation:
A registered bond is registered with the corporation or organization that issued the bond, and coupon payments are made to the owner of record. A bearer bond can be transferred like cash, and coupon payments are made to the person who holds the bond.
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