Civil Engineering MCQs

Page No. 62

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


aPar value


b Call value


cFace value


dRedemption value


View Answer Call value

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


aReturn clause


bCallability


cRecall clause


d Call class


View Answer Callability

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


aPreferred bond


bRegistered bond


cIncorporators bond


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


b Registered bond


cIncorporators bond


dCallable bond


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


bJoint bond


cSecurity bond


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


bDebenture bond


cTrust bond


dCommon bond


View Answer Debenture bond

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


aRegistered bond


bCollateral trust bond


cMortgage bond


dDebenture bond


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


bCoupon bond


cMortgage bond


dCollateral trust bond


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


b Equipment obligation bond


cEquipment bond


dEquipment trust bond



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


aMortgage bond


bJoint bond


cTie-up bond


dTrust bond


View Answer Joint bond

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