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

Related Mcqs:

1. What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation ?

   A. Bond B. T-bills C. Stock D. Promissory note...

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

   A. Joint bond B. Debenture bond C. Trust bond D. Common bond...

3. What represents the ownership of stockholders who have a residual claim on the assets of the corporation after all other claims have been settled ?

   A. Authorized capital stock B. Preferred stock C. Incorporator stock D. Common stock...

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

   A. Mortgage bond B. Joint bond C. Security bond D. Collateral trust bond...

5. 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 ?

   A. Preferred bond B. Registered bond C. Incorporators bond D. Callable bond...

6. What refers to the value of an intangible item which arises from the exclusive right of a company to provide a specified product and service in a certain region of the country ?

   A. Company value B. Going value C. Goodwill value D. Franchise value...

7. What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund ?

   A. T-bills B. Securities C. Bond D. Bank notes...

8. A P 1, 000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 204. It is bought on June 21, 2001 to yield 4% interest. Find the price of the bond ?

   A. P 1,122.70 B. P 1,144.81 C. P 1,133.78 D. P 1,155.06...

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

   A. Railroad bond B. Equipment obligation bond C. Equipment bond D. Equipment trust bond...

10. The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ___________________?

    A. Dividend B. Return C. Share of stock D. Equity...