2. Characteristics of bonds To be effective issuing and imvesting in bonds, knowledge of their terminology, characteristic, and features is essental. For example: - A bond's............ is generally $1,000 and represents the amount borrowed from the bond's fira purchaser. (Options: face or maturity value, yield to maturity, coupon payment) - A bond issuer is said to be in........... if it does not pay the interest or the principal in accordance with the terms of the indenture agreement of if it violates one of more of the issue's restrictive covenants. (Options: bankruptey, liquidation, defauli) - A bond contract feature that requires the issuer to retire a specified portion of the bond issue cach year is called a. (Options: convertible provision, call provision, sinking fund provision) - A bond's ............gives the issuer the right to call, or redeem, a bond at specific times and under specific conditions. (Options: call premium, convertible provision, call provision) Suppose you read an article about the Golden Gate Bridge and Highway District bonds, It includes the following information: Bridge Bonds Series A Dated 7-15-2005 4.375\% Due 7-15-2055 @100.00 What is the coupon interest rate of this bond? 0.435% 4.375% If the coupon interest rate remains constant from the time of issue until the bond matures, then the bond is called a__ bond. (Options: floating rate, fixed rate) Which feature of a bond contract allows the issuer to redeem a bond iasue immediately in its entirety at an amount greater than par value prior to maturity? Convertible provision Deferred call provision Put provision Call provision Issuers can gradually reduce the outstanding balance of a bond issue by using a sinking fund account into which they deposit a specified amount of money each year. To operationalize the sinking fund