23) Match each of the following items with the appropriate definition below. a.zero-interest bonds b.bond discount c.bond premium d.financial leverage e.callable bonds f.debt-to-equity...

23) Match each of the following items with the appropriate definition below.

a.zero-interest bonds

b.bond discount

c.bond premium

d.financial leverage

e.callable bonds

f.debt-to-equity ratio

g.bond interest payment

h.carrying value

i.convertible bonds

______ 1. occurs when a bond is sold for more than the face value of the bond

______ 2. occurs when a bond is sold for less than the face value of the bond

______ 3. the value of a bond, minus its unamortized discount or plus its unamortized premium

______ 4. the face value of a bond times the stated interest rate of the bond

______ 5. a bond that pays no interest during its life

______ 6. bonds that have a feature that allows the issuing company to buy back the bonds before maturity

______ 7. bonds that can be converted into common stock at the option of the investor

______ 8. the concept of using borrowed funds to increase earnings

______ 9. a ratio that compares the value of the creditors’ claims with the value of the owners’ claims