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3:34 POE HW 6 - Chapter 14.pdf - Saved LO 2 Bond Issue Features and Bond Characteristics E2B. Match each term that follows with the
3:34 POE HW 6 - Chapter 14.pdf - Saved LO 2 Bond Issue Features and Bond Characteristics E2B. Match each term that follows with the appropriate definition. 1. Secured bonds a. A contract that defines the rights, privileges, and limita- 2. Face interest rate tions of the bondholders. 3. Bond indenture b. Bonds that allow the bondholder to exchange a bond 4. Coupon bonds for a specified number of shares of common stock. 5. Bond issue c. The fixed rate of interest paid to bondholders based on 6. Callable bonds the face value of the bonds. 7. Registered bonds d. Bonds that give the issuer the right to buy back and 8. Convertible bonds retire the bonds before maturity at a specified price, 9. Market interest rate which is usually above face value. e. The rate of interest paid in the market on bonds of similar risk. f. The total value of bonds issued at one time. g. Bonds issued in the names of the bondholders. h. Bonds that carry a pledge of certain corporate assets as a guarantee of repayment. i. Bonds not registered with the organization but bearing coupons stating the amount of interest due and the payment date. Pod
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