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Match the bond type with its characteristic. Each answer may be selected once, more than once or not at all. However, each question has only
Match the bond type with its characteristic. Each answer may be selected once, more than once or not at all. However, each question has only one answer. Possible Answers a. Bearer bond b. Bond without a sinking fund c. Callable bond d. Convertible bond i. ii. iii. iv. vii. Questions V. viii. vi. ix. e. Coupon bond f. Fixed rate bond X. g. Noncallable bond h. Nonconvertible bond i. Registered bond j. Secured bond k. Serial bond 1. Sinking fund bond m. Term bond n. Unsecured bond o. Variable rate bond p. Zero coupon bond An investor earns the same amount of interest each period over the life of this bond. The bond issuer has the option to repurchase this bond before it matures. The bondholder can earn higher income on this bond if interest rate increases. The bondholder has the option to exchange this bond at maturity for shares in the issuer. This bond is part of a batch of other bonds which expires on the same date. This bond will always trade at a price below its face value. This bond is guaranteed to be repaid from the sale of a specific asset of the issuer if there is a default. The bondholder will never earn interest income on this bond. The bond issuer agrees to set aside funds periodically to retire this bond when it matures. The repayment on this bond is guaranteed only the credibility/reputation of the bond issuer
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