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Which Statement Is True

Question 5

Multiple Choice

Which statement is true?


A) Bonds are generally called at par value.
B) A current list of all bondholders is maintained whenever a firm issues bearer bonds.
C) An indenture is a contract between a bond's issuer and its holders.
D) Collateralized bonds are called debentures.
E) A bondholder has the right to determine when his or her bond is called.

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