QUESTION 31 A bond which sells for less than the face value is called a: a par value bond. O b. perpetuity Oc debenture Od discount bond. QUESTION 32 The current yield of a bond is defined as the O a interest payment divided by the par value. Ob annual coupon divided by the market price. Oc semi-annual coupon divided by the face amount. Od monthly coupon divided by the par price. QUESTION 33 The written agreement between the bond issuer and the bondholder is called the bond: a indenture Ob debutant. o security d. factoid. QUESTION 34 form. When interest payments on a bond are made to whomever is in possession of the coupon slip, and the bonds are not registered to anyone, the bond is said to be in O a bearer Ob.coupon O c street O d. registered . QUESTION 35 A debenture is a(n): O a long-term stock secured by fixed assets owned by the firm. O b. long-term bond secured specifically by land owned by the fimm. O a long-term unsecured bond with no recourse against specific assets. Od secured debt which generally matures in less than one years