Civil Engineering MCQs

Page No. 62

The price at which the callable bond will be redeemed from the bondholder is called ____________________?


aPar value

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b Call value

✓


cFace value

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dRedemption value

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View Answer Call value

What is the feature of some bonds whereby the issuer can redeem it before it matures ?


aReturn clause

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bCallability

✓


cRecall clause

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d Call class

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View Answer Callability

What type of bond which can be redeemed before maturity date ?


aPreferred bond

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bRegistered bond

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cIncorporators bond

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dCallable bond

✓


View Answer Callable bond

What type of bond where the corporation’s owner name are recorded and the interest is paid periodically to the owners with their asking for it ?


aPreferred bond

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b Registered bond

✓


cIncorporators bond

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dCallable bond

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View Answer Registered bond

A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries ?


aMortgage bond

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bJoint bond

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cSecurity bond

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d Collateral trust bond

✓



A bond without any security behind them except a promise to pay by the issuing corporation is called __________________?


a Joint bond

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bDebenture bond

✓


cTrust bond

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dCommon bond

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View Answer Debenture bond

What bond whose security is a mortgage on certain specified assets of the corporation ?


aRegistered bond

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bCollateral trust bond

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cMortgage bond

✓


dDebenture bond

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View Answer Mortgage bond

A type of bond to which are attached coupons indicating the interest due and the date when such interest is to be paid is called ____________________?


a Registered bond

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bCoupon bond

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cMortgage bond

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dCollateral trust bond

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View Answer Coupon bond

What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc ?


aRailroad bond

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b Equipment obligation bond

✓


cEquipment bond

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dEquipment trust bond

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What type of bond is issued jointly by two or more corporations ?


aMortgage bond

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bJoint bond

✓


cTie-up bond

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dTrust bond

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View Answer Joint bond

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