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Question: Listed below are terms and definitions associated with bonds.

Terms: 1. Bond indenture.

2. Secured bond.

3. Unsecured bond.

4. Term bond.

5. Serial bond.

6. Callable bond.

7. Convertible bond.

8. Bond issue costs.

Definitions: a. Allows the issuer to pay off the bonds early at a fixed price.

b. Matures in installments.

c. Secured only by the "full faith and credit" of the issuing corporation.

d. Allows the investor to transfer each bond into shares of common stock.

e. A contract between the issuer and the investor.

f. Matures on a single date.

g. Supported by specific assets pledged as collateral by the issuer.

h. Includes underwriting, legal, accounting, registration, and printing fees.

Required: Match (by letter) the bond terms with their definitions. Each letter is used only once.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M92330385

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