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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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