Distinguish between (a) Secured and unsecured bonds, (b) Collateral trust and debenture bonds, (c) Convertible and callable bonds, (d) Coupon and registered bonds, (e) Municipal and corporate bonds, and (f) Term and serial bonds ...

a Secured bonds have specific assets pledged as security for the issue Unsecured bonds frequently referred to as debenture bonds are not protected by ...

Distinguish between (a) Secured and unsecured bonds, (b) Collateral trust and debenture bonds, (c) Convertible and callable

Question:

Distinguish between
(a) Secured and unsecured bonds,
(b) Collateral trust and debenture bonds,
(c) Convertible and callable bonds,
(d) and registered bonds,
(e) Municipal and corporate bonds, and
(f) Term and serial bonds.

Coupon
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a...