公司理财教材新第十版pptchap007.pptVIP

6.* This is standard terminology in the US – but it may not transfer to other countries. For example, debentures are secured debt in the United Kingdom. Lecture Tip: Domestically issued bearer bonds will become obsolete in the near future. Since bearer bonds are not registered with the corporation, it is easier for bondholders to receive interest payments without reporting them on their income tax returns. In an attempt to eliminate this potential for tax evasion, all bonds issued in the US after July 1983 must be in registered form. It is still legal to offer bearer bonds in some other natio