6. Capital market instruments: Corporate bonds Which of the following are characteristics of corporate bonds? Check all that apply. Their maturities are normally between 10 and 30 years, however they can be issued with 50 -year or even 100 -year maturities. Their minimum denomination is $100,000 The interest income earned on them is exempt from state and federal taxes. The interest paid on them is tax deductible to the corporation. Definition A legally binding document specifying the rights and obligations of a bond issuing firm and investor. A provision that requires a firm to retire a specifed amount of the bonds issued in an offering each year. The difference between the call price and par value of a debt security when the secunty is retired prioe to its maturity. Securnties that allow inventors to swap the bond for thares in the firm's commen equityi