Place the letter of the best matching phrase before each word.(25 points)

____ 1.Indenture____ 6.Times Interest Earned

____ 2.Refunding____ 7.Mortgage

____ 3.Bonds Issued at Par____ 8.Premium on Bonds

____ 4.Carrying Value____ 9.Reacquisition Price

____ 5.Nominal Rate____ 10.Market Rate

a.Requires that bond discount be reported in the balance sheet as a direct deduction from the face of the bond.

b.Rate set by party issuing the bonds which appears on the bond instrument.

c.The interest paid each period is the effective interest at date of issuance.

d.Rate of interest actually earned by the bondholders.

e.Results when bonds are sold below par.

f.Results when bonds are sold above par.

g.The replacement of an existing bond issuance with a new one.

h.Price paid by issuing corporation for its own bonds.

i.Book value of bonds at any given date.

j.Ratio of current assets to current liabilities.

k.The bond contract or agreement.

l.Indicates the company's ability to meet interest payments as they come due.

m.Ratio of debt to equity.

n.Exclusive right to manufacture a product.

o.A document that pledges title to property as security for a loan.