What is a deferred coupon bond?
What will be an ideal response?
Deferred-coupon bonds are coupon bonds that let the issuer avoid using cash to make interest payments for a specified number of years. There are three types of deferred-coupon structures: (1) deferred-interest bonds, (2) step-up bonds, and (3) payment-in-kind bonds.
Business
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Under the terms of the Real Estate Law, a real estate salesperson is considered to be:
A: A fiduciary; B: An independent contractor; C: An employee of the broker; D: Self-employed.
Business
Intermediaries who link buyers and sellers by buying and selling securities at stated prices are called
A) investment bankers. B) traders. C) brokers. D) dealers. E) none of the above.
Business