Chapter 14, Problem 12QS

Bond features and terminology

Enter the letter of the description A through H that best fits each term or phrase 1 through 8.

1. A. Records and tracks the bondholders’ names.
2. B. Is unsecured; backed only by the issuer’s credit standing.
3. C. Has varying maturity dates for amounts owed.
4. D. Identifies rights and responsibilities of the issuer and the bondholders.
5. E. Can be exchanged for shares of the issuer’s stock.
6. F. Is unregistered; interest is paid to whoever possesses them.
7. G. Maintains a separate asset account from which bondholders are paid at maturity.
8. H. Pledges specific assets of the issuer as collateral.

_____ 1.	Registered bond
_____ 2.	Serial bond
_____ 3.	Secured bond
_____ 4.	Bearer bond
_____ 5.	Convertible bond
_____ 6.	Bond indenture
_____ 7.	Sinking fund bond
_____ 8.	Debenture