Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the number for the most correct term.

1. Premium on bonds
2. Installment notes
3. Discount on bonds
4. Debt issue costs
5. Serial bonds

Match each of the options above to the items below.

• Legal, accounting, printing

• No maturing payment

• Market rate higher than stated rate

• Market rate higher than stated rate Open choices for matching

• Many separate maturity dates