1. The __________________________ is the amount (a) payable at the maturity of the bond and (b) on...
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2. __________________________ is another name for bond principal, or the maturity amount for a bond.
3. The __________________________ is the rate of cash interest per period stated in the bond contract.
4. A __________________________ is an unsecured bond; no assets are specifically pledged to guarantee repayment.
5. __________________________ may be called for early retirement at the option of the issuer.
6. __________________________ may be converted to other securities of the issuer (usually common shares).
Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...
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Financial Accounting
ISBN: 978-1259103285
5th Canadian edition
Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, M
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