Jenny Clips Coupons from Certificates and Send Them to the Issuer

question 79

Multiple Choice

Jenny clips coupons from certificates and send them to the issuer in order to receive payment.Jenny has __________ bonds.

• A) callable
• B) secured
• C) bearer
• D) debenture
• E) registered

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Definitions:

Income Tax Payable

The amount of income tax a company or individual owes to the government but has not yet paid.