Question
11. At maturity the bondholder is guaranteed the $____________ called the ___________________ or __________________. 12.The yield to maturity on any bond includes all interest payments
11. At maturity the bondholder is guaranteed the $____________ called the ___________________ or __________________.
12.The yield to maturity on any bond includes all interest payments plus the _______________ amount.
13.Treasury bills are often referred to as _______ ______ rate.
14.Municipal bonds, also known as _________ are bonds issued by state or local governments or by government agencies.
15. ______________ are debt issued by corporations that give the bondholder the option to convert the bonds into shares of common stock at a later date.
16.The rate at which investors can convert bonds into stocks, that is, the number of shares an investor gets for each bond, is determined by a metric called the _____________________.
17. A third category of bonds is issued by banks or other financial sector participants and are referred to as ________.
18. A bond that is backed by a number of mortgages are known as ________ _________ ___________.
19. Because of their characteristics, preferred stocks ___________ the line between stocks and bonds.
20. Another name for preferred stocks is ___________ securities.
21. Preferreds are issued with a fixed _____ _____ and pay dividends based on a percentage of that par at a fixed rate.
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