Matching
Match each of the following bond classifications (a-h) with the appropriate characteristic (1-8) by entering the appropriate letter in the space provided
Premises:
Portions of the bond mature in periodic installments.
Unregistered bonds.
Bonds that are secured by a lien against specific assets.
Bonds that can be exchanged for a predetermined number of shares of stock.
Bonds whose marketability is based on the general credit rating of the issuing company.
Bonds whose interest is paid to the individuals listed in the corporate records as owners of the bonds.
Bonds that the company has the right to retire before their maturity date.
Bonds on which no interest is paid until the maturity date.
Responses:
Debenture bonds
Mortgage bonds
Registered bonds
Coupon bonds
Zero-coupon bonds
Callable bonds
Convertible bonds
Serial bonds
Correct Answer:
Premises:
Responses:
Portions of the bond mature in periodic installments.
Unregistered bonds.
Bonds that are secured by a lien against specific assets.
Bonds that can be exchanged for a predetermined number of shares of stock.
Bonds whose marketability is based on the general credit rating of the issuing company.
Bonds whose interest is paid to the individuals listed in the corporate records as owners of the bonds.
Bonds that the company has the right to retire before their maturity date.
Bonds on which no interest is paid until the maturity date.
Premises:
Portions of the bond mature in periodic installments.
Unregistered bonds.
Bonds that are secured by a lien against specific assets.
Bonds that can be exchanged for a predetermined number of shares of stock.
Bonds whose marketability is based on the general credit rating of the issuing company.
Bonds whose interest is paid to the individuals listed in the corporate records as owners of the bonds.
Bonds that the company has the right to retire before their maturity date.
Bonds on which no interest is paid until the maturity date.
Responses:
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