Bonds Quizzes-Bonds whose interest is paid through

Answer to Quiz

Bonds whose interest is paid through the issuance of additional bonds are called:

Answer: (a), pay in kind bonds
A "pay-in-kind bond" is a bond in which the interest or dividends are paid through the issuance of additional bonds.

Next Quiz:

A bond issued by a company in one country and sold on the exchange in another country is called a:

(a) Global bond
(b) Exchange bond
(c) ETF
(d) GIC

Word of the Day

Deed of Trust

A "deed of trust" is a legal contract that grants (or creates) a security interest in...

Deed of Trust

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