1. What is the difference between callable and putable bonds? 2. What is the difference between serial bonds and term bonds? 3. What is a junk bond? 4. Does issuing a bond at a discount increase or decrease interest expense over the life of the bond? Explain. 5. What kind of account is the Discount on Bonds Payable? What kind of account is the Premium on Bonds Payable? 6. If there is neither a premium nor discount present, the journal entry to record bond interest payments is 7. What are the characteristics of Debt financing and Equity financing? If a company wanted to maximize EPS (Earning per Share), which form of financing might they likely consider, debt or equity? Explain. 8. Explain the various types of bonds investors can purchase. 9. A corporate bond, Aaa credit, with a par value of $1000 is quoted at 943/8. What is the cost of the bond? 1. What is the difference between callable and putable bonds? 2. What is the difference between serial bonds and term bonds? 3. What is a junk bond? 4. Does issuing a bond at a discount increase or decrease interest expense over the life of the bond? Explain. 5. What kind of account is the Discount on Bonds Payable? What kind of account is the Premium on Bonds Payable? 6. If there is neither a premium nor discount present, the journal entry to record bond interest payments is 7. What are the characteristics of Debt financing and Equity financing? If a company wanted to maximize EPS (Earning per Share), which form of financing might they likely consider, debt or equity? Explain. 8. Explain the various types of bonds investors can purchase. 9. A corporate bond, Aaa credit, with a par value of $1000 is quoted at 943/8. What is the cost of the bond