Which One of the Following Bonds Pays Interest Only at Maturity

question 114

Multiple Choice

Which one of the following bonds pays interest only at maturity?

• A) Registered bond
• B) Registered coupon bond
• C) Bearer bond
• D) Zero-coupon bond
• E) Junk bond

---

Definitions:

Ordinary Course

Activities that are considered part of the normal, day-to-day operations of a business.

Assumes Liabilities

The act of taking on the legal debts or obligations of another party, often in the context of business transactions.

Fundamental Change

A significant alteration in the operation, structure, or nature of a business or organization that fundamentally changes its course or identity.

Unanimous Vote

A voting result where all participants cast the same vote, indicating total agreement.