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Match each of the following definitions with the correct term. unsecured bonds;

ID: 2447656 • Letter: M

Question

Match each of the following definitions with the correct term.

unsecured bonds; bonds that are not secured by any specific assets of the issuing company

bonds which may be re-purchased at the option of the issuing corporation at a specified price

bonds which may be exchanged for a specified amount of common stock at the option of the bondholder

a bond issue in which the bonds mature at different times

a bond issue in which all bonds mature at the same date

term bond issue

callable

debentures

serial bond issue

convertible

      -       A.       B.       C.       D.       E.   

unsecured bonds; bonds that are not secured by any specific assets of the issuing company

      -       A.       B.       C.       D.       E.   

bonds which may be re-purchased at the option of the issuing corporation at a specified price

      -       A.       B.       C.       D.       E.   

bonds which may be exchanged for a specified amount of common stock at the option of the bondholder

      -       A.       B.       C.       D.       E.   

a bond issue in which the bonds mature at different times

      -       A.       B.       C.       D.       E.   

a bond issue in which all bonds mature at the same date

A.

term bond issue

B.

callable

C.

debentures

D.

serial bond issue

E.

convertible

Explanation / Answer

1 C. Debentures 2 B. Callable 3 E. Convertible 4 D. Serial Bond 5 A. Term Bond Issue