54) Match each of the following items with the appropriate definition below a.annuity b.unsecured bonds c.bond d.maturity e.face value f.term bonds g.stated rate h.secured bond ...

54) Match each of the following items with the appropriate definition below

a.annuity

b.unsecured bonds

c.bond

d.maturity

e.face value

f.term bonds

g.stated rate

h.secured bond

i.serial bonds

______ 1. a written agreement that specifies a company’s responsibility to pay interest and to repay the principal at the end of the term of the agreement

______ 2. a series of equal and regular payments

______ 3. the principal of a bond

______ 4. the interest rate printed on the bond

______ 5. the length of the bond term

______ 6. bond that gives the bondholder a claim on a specific asset of the issuing company in case of default

______ 7. bonds that are not linked to specific assets, but instead are issued on the general credit of the company

______ 8. bonds that mature periodically over a period of several years

______ 9. bonds that all mature on the same date