Which of the Following Statements Is FALSE

question 17

Multiple Choice

Which of the following statements is FALSE?

• A)With registered bonds,on each coupon payment date,the bond issuer consults its list of registered owners and mails each owner a check (or directly deposits the coupon payment into the owner's brokerage account).
• B)If a coupon bond is issued at a discount,it is called an original issue discount bond.
• C)The face value or principal amount of the bond is denominated in standard increments,most often $10,000.
• D)In a public offering,the indenture lays out the terms of the bond issue.

---

Definitions:

Defective

Refers to a product, outcome, or element that fails to meet a specified standard of quality or performance.

Fair Coin

A fair coin is a term used in probability to describe a coin that has an equal chance of landing on heads or tails when flipped.

Probability Model

A mathematical representation of a random process, outlining the likelihood of various outcomes.

Official Languages

Languages that are given a special legal status in particular countries, states, or other jurisdictions for official government use.