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A. MATCHING: Write the letter of the best answer in the space provided. 1. Annuity 6. face value 2. bond sinking fund 7. present value
A. MATCHING: Write the letter of the best answer in the space provided. | ||||||||
1. Annuity | 6. face value | |||||||
2. bond sinking fund | 7. present value | |||||||
3. Bond indenture | 8. serial bond | |||||||
4. Callable bond | 9. Term bond | |||||||
5. Debenture bonds | 10. Zero-coupon bonds | |||||||
a. | bond which may be redeemed, or paid off, before its maturity date | |||||||
b. | contract with the bondholders | |||||||
c. | all bonds of an issue mature at the same time | |||||||
d. | maturities of bonds are spread over several dates | |||||||
e. | series of equal payments, such as interest | |||||||
f. | bonds issued on the basis of the general credit of the corporation | |||||||
g. | amount of cash set aside yearly to be used in paying off a bond issue when it matures | |||||||
h. | bonds that do not provide for any interest payments | |||||||
i. | the principal of a bond | |||||||
j. | the estimated worth today of an amount of cash to be received (or paid) in the future | |||||||
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