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sergey [27]
4 years ago
4

This morning, Jeff found an aged bond certificate lying on the street. He picked it up and noticed that it was a 50-year bond th

at matured today. He presented the bond to the bank teller at his local bank and received payment for both the entire principal and the final interest payment.
The bond that Jeff found must have been which one of the following?
a. Debenture
b. Callable bond
c. Registered-form bond
d. Note Bearer-form bond
Business
1 answer:
polet [3.4K]4 years ago
5 0

Answer:

The answer is D.

Explanation:

Note Bearer-form bond is a type of bond that is paid to the person presenting the the cheque at that very moment unlike registered-form bond is paid ONLY to the person that his name has been registered with the security exchange for the bond. Even if a stranger picks it up somewhere or is being stolen, the bond will not be honoured.

Option A(debenture) is incorrect because debenture is an unsecured long-term loan.

Option B(Callable bond) is also incorrect. This is a bond that can be claimed or redeemed by the person issuing it before its maturity.

You might be interested in
Years ago, a bond was issued at par with a 7% coupon. This year, new issue bonds of similar credit quality are being issued at 1
earnstyle [38]

Answer: A. The new bonds will be issued at a premium to the current price of the 7% bonds

Explanation:

The New Bonds will have a coupon of 10% which will be higher than the 7% that was previous on offer for the same type of bonds.

This means that the same type of bond is giving a greater return than before. Investors will therefore want more of the bond giving out better returns and will not mind paying a higher price to get it.

For this reason, the bonds issued this year with a 10% coupon will sell at a Premium (higher than) the bonds that were issued years ago that only have a coupon rate of 7%.

7 0
4 years ago
Your client Jacinta is being pressured by her mortgage broker to lie on her loan application. The mortgage broker promises it wi
Marizza181 [45]

Answer:

This is a red flag for predatory lending AND mortgage fraud.

Explanation:

Considering the situation above, the statement that BEST describes the situation above is that "This is a red flag for predatory lending AND mortgage fraud."

This is because the act of cheating or fraudulent pursuits of some lenders during the loan process is known as predatory lending, in which lying during loan application is part of it.

Also, fraudulent activities such as misstatement, misrepresentation, or omission about a mortgage loan process are considered a mortgage fraud

5 0
3 years ago
What type of analysis involves using scales to suit circumstances and allows for quick identification of potential risks as well
Hunter-Best [27]

The correct answer would be, Qualitative Analysis.

Qualitative Analysis involves using scales to suit circumstances and allows for quick identification of potential risks as well as vulnerable assets and resources.

Explanation:

There are two main types of analysis used in the research methodology. One is Quantitative Analysis and the other is Qualitative Analysis. Quantitative Analysis is concerned about mathematical and statistical analysis of the data in the research. Whereas, Qualitative Analysis is the analysis or the understanding of the facts and phenomenons in the research.

Qualitative Analysis help in predicting the potential risks associated in doing something, as well as the identification of vulnerable assets and resources.

Learn more about Qualitative Analysis at:

brainly.com/question/13128569

#LearnWithBrainly

6 0
4 years ago
For each of the following transactions, select the account to be debited and the account to be credited in the general journal.
noname [10]

Answer:

a. Dr Cash

Cr Capital

b. Dr Cash

Cr Rent

c. Dr Office supplies

Cr Accounts Payable

d. Dr Cash

Cr Accounts Receiveble

e. Dr Cash

Cr Accounts Receiveble

f. Dr Accounts Receiveble

Cr Services

g. Dr Cash

Cr Accounts Receiveble

Explanation:

Based on the information given the account to be debited and the account to be credited in the general journal will be:

a. Dr Cash

Cr Capital

b. Dr Cash

Cr Rent

c. Dr Office supplies

Cr Accounts Payable

d. Dr Cash

Cr Accounts Receiveble

e. Dr Cash

Cr Accounts Receiveble

f. Dr Accounts Receiveble

Cr Services

g. Dr Cash

Cr Accounts Receiveble

5 0
3 years ago
Why isn't the combination of consumer and producer surplus maximized if there is either excess demand or supply?
Xelga [282]
Yeah blah blah blah blah blah blah blah blah blah blah blah blah blah blah
8 0
3 years ago
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