What do the following terms mean? (a) term loan, (b) bonds payable, (c) trustee, (d) secured bonds,
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What do the following terms mean?
(a) term loan,
(b) bonds payable,
(c) trustee,
(d) secured bonds,
(e) serial bonds,
(f) call provision,
(g) convertible bonds,
(h) face value,
(i) coupon rate,
(j) bond discount,
(k) bond premium,
(l) amortization of bond premium or discount.
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