Long-Term Liabilities Listed below are various bond terms followed by a series of descriptions of bond characteristics. Match the terms to the descriptions by selecting from the dropdown list. Open to all investors, both individuals and institutions. A long-term borrowing with periodic coupon payments for interest and the principal repaid at maturity Restrictions placed on a firm that issues bonds Generally $1,000 per bond Periodic payments of both interest and principal Real property as collateral A bond issue with no specific collateral A bond that can be exchanged for common shares. Interest rate used to calculate the interest expense Interest rate used to calculate the semi-annual interest payments descriptions of bond characteristics. opdown list