Choose the appropriate letter to match the term and the definition. Not all definitions will be used. Term: 1. _____ Convertible 2. _____ Carrying value 3. _____ Discount 4. _____ Callable 5. _____ Maturity 6. _____ Market interest rate 7. _____ Stated interest rate 8. _____ Premium Definition: A. A bond feature that changes the interest rate on the bond with market conditions. B. When a bond is issued for a price less than its face value. C. Also known as the face value or par value of a bond. D. A bond with the feature that allows creditors to exchange the bond for company stock. E. The interest rate printed on the bond certificate. F. A bond with the feature that lets creditors examine financial data and demand new loan conditions. G. The amount a company receives when it sells a bond; also known as issue price. H. When a bond is issued for a price greater than its face value. I. A bond with the feature that allows the borrowing company to pay off a bond whenever it wishes. J. Rate of interest that investors demand from a bond. K. The time at which the face value of a bond must be paid to the lender. L. Is multiplied by the market interest rate to calculate the (effective) interest expense on a bond.