____ bonds are backed by specific assets of the company, which are pledged as collateral. 

1.  
2.           Debenture
3.  
4.          Conventional
5.  
6.           Holding
7.  
8.          Secured
9.  
10.           Convertible
11.  

 

Question 2

 

Seattle Music, Inc., recently offered bonds for sale to the public. The unsecured corporate bond paid interest of 9% to investors for the twenty-year life of the bonds. Seattle Music is obligated to:

 

1.  
2.           Represent each bondholder as an owner in the company.
3.  
4.          Pay interest semi-annually.
5.  
6.           Pay stockholders their dividends, before paying bondholders their interest.
7.  
8.          Pay each owner their principal if and when they want to cash in their investment.
9.  

 

Question 3

 

If you are at the Phoenix Sky Harbor International Airport, you will no longer get a pat-down if you go through the metal detector. The airport now has full body screening ports that scan the entire body and readily detect weapons or explosive devices that someone may want to take on board a plane. These expensive devices represent:

 

1.  
2.           long-term assets
3.  
4.          short-term assets
5.  
6.           intangible assets
7.  
8.          interest-bearing assets
9.  

 

Question 4

 

The Fed Chairman is in control of:

 

1.  
2.           the IMF.
3.  
4.          fiscal policy.
5.  
6.           the U.S. money supply.
7.  
8.          the world's money supply.
9.