Question

Road Hazards has 12-year bonds outstanding. The interest payments on these bonds are sent directly to each of the individual bondholders. These direct payments are a clear indication that the bonds can accurately be defined as being issued:___________.A) at par.B) in registered form.C) in street form.D) as debentures.E) as callable bonds.

Answer 1

Answer: in registered form

Explanation:

Based on the question above, the direct payments to the individual bondholders is a clear indication that the bonds can accurately be defined as being issued in registered form.

To issue securities in registered form simply means that the records of the owner of the security are kept by the issuing firm and their payments are mailed to them whenever it's due. Interest or dividends are paid to the owners of the security.