For Which of the Following Types of Bonds Is Interest

question 77

Multiple Choice

For which of the following types of bonds is interest expense recognized each year even though no interest is paid?

• A)debenture bonds
• B)zero-coupon bonds
• C)serial bonds
• D)mortgage bonds

---

Definitions:

CPI

The Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, used as an indicator of inflation.

Market Basket

A selected set of goods and services used to track inflation and the cost of living or to define a beneficiary's set of consumable products.

CPI

The Consumer Price Index is an indicator that assesses the average cost of a selected group of consumer items and services, including food, medical care, and transportation, by looking at their weighted average prices.

Consumer Price Index

A gauge that tracks the average variation over periods in the costs urban buyers incur for a defined set of consumer products and services.