The bonds with coupon are attached to the bond for paying the interest when it becomes due are classified as
Correct answer: C. bearer bonds
- A. trustee bonds
- B. local bonds
- C. bearer bonds
- D. nearer bonds
Explanation
Bearer bonds traditionally have detachable coupons that the holder presents to receive interest when it falls due. Registered bonds generally record ownership and do not rely on negotiable attached coupons in the same way.
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