105. Match each of the following terms with the appropriate definitions 1 through 10.
1. Bonds that are made payable to whoever holds them; also called unregistered bonds.
Installment note
2. Bonds that mature at more than one date and are usually paid over a number of periods.
Bearer bonds
3. An accounting method that allocates interest expense over the bonds' life in a way that yields a constant rate of interest.
Unsecured bonds
4. An obligation requiring a series of periodic payments to the lender.
Term bonds
5. The interest rate that borrowers are willing to pay and that lenders are willing to accept for a particular bond at its risk level.
Bond indenture
6. Bonds that are backed by the issuer's credit standing.
Effective interest method
7. Bonds that can be exchanged by the bondholders for a fixed number shares of the issuing corporation's common stock.
Coupon bonds
8. Bonds with interest coupons attached to their certificates; the bondholders detach the coupons when they mature and present them to a bank or broker for collection.
Market rate
9. Bonds that are scheduled for payment on one specified date.
Convertible bonds
10. The contract between the bond issuer and the bondholders; it identifies the rights and obligations of the parties.
Serial bonds
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