1.If a bond was issued at a discount, the cash paid would be

	1.	equal to the interest expense
	2.	would be more more than the interest expense.
	3.	would be less than the interest expense.
	4.	be equal to the discount amortized on the bond.

2.

Bonds that give bondholders the right to take specified assets of the issuer if the issuer fails to pay principal or interest are called ________.

	1.	debentures
	2.	serial bonds
	3.	secured bonds
	4.	term bonds

3.

Stock that has been issued but may or may not be held by stockholders is ________.

	1.	capital stock
	2.	treasury stock
	3.	authorized stock
	4.	issued stock