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Which of the following are characteristics of corporate bonds? Check all that apply. The interest Income earned on them represents ordinary Income to the buyer

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Which of the following are characteristics of corporate bonds? Check all that apply. The interest Income earned on them represents ordinary Income to the buyer and is taxed by the state and federal governments as a result Their minimum denomination is $100,000. The interest paid on them is not tax deductible to the corporation Their maturities are normally between 10 and 30 years, however they can be issued with 50-year or even 100-year maturities. Definition Convertible bonds Best efforts agreement Low- coupon bonds Call premium Securities that allow investors to swap the bond for shares in the firm's common equity The difference between the call price and par value of a debt security when the security is retired prior to its maturity Securities issued at a discounted price with minimal or no coupon payments, A provision in a public offering prospectus whereby the underwriter attempts to sell the bonds at a specified price but makes no guarantee to the issue

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