Which of the Following Statements Is FALSE

question 86

Multiple Choice

Which of the following statements is FALSE?

• A) With registered bonds, on each coupon payment date, the bond issuer consults the firm's registered owners and mails each bondholder 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 $1,000.
• D) In a public offering, the indenture lays out the terms of the bond issue.