Question

In: Finance

A bond is registered “as to principal only” means that the bond trades a)In the investor’s...

A bond is registered “as to principal only” means that the bond trades

a)In the investor’s name with coupons attached registered in the investor’s name

b)In the investor’s name with coupons attached

c)With coupons attached

d)In the investor’s name without coupons attached

Solutions

Expert Solution

option B : In the investor’s name with coupons attached

A bond registered as to principal only means that the investor is to attach coupons to get the interest and at the time of maturity it is given (principal amount) to the investor.


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