Social Sciences, asked by vjain5280, 11 months ago

How is Interest on bearer documents given?

Answers

Answered by Anonymous

Explanation:

The bearer of the bond certificate is presumed to be the owner and collects interest by clipping and depositing coupons semi-annually. The issuer will not remind the bearer of coupon payments. A bearer stock certificate is a negotiable instrument without endorsement and is transferred upon delivery

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