Match the letters below with the most appropriate number. Each letter may be used more than once. Not all letters will be used. Some questions may have more than one answer . . . but a wrong answer will cancel out a right one. Use the separate answer sheet.

A. Imputed interest rate

H. Coupon interest rate

B. Debenture bond

I. Par or face value

C. Bond indenture

J. Term bond

D. Registered bond

K. Coupon bond

E. Investment-grade bond

L. Junk bond

F. Effective interest rate

M. Serial bond

G. Carrying value

N. Deep discount bond

1. ______ Unsecured bond.

2. ______ Maturity value or principal.

3. ______ Risky (non-investment grade), high-yield bond.

4. ______ Also called yield, yield-to-maturity (YTM) or market rate.

5. ______ When principal is repaid only at maturity (no installment payments).

6. ______ Also called nominal, stated, fixed, or contract rate.

7. ______ Face value plus unamortized premium, or face value minus unamortized discount