Question Details

The terms of a bond issue are set forth in a formal legal document called 



1.	Bonds that mature at a single specified future date are called _______________ bonds, whereas bonds that mature in installments are called ________________ bonds.

	2.	The terms of a bond issue are set forth in a formal legal document called a bond ________________.

	3.	Unsecured bonds that are issued against the general credit of the borrower are called ________________ bonds.


	4.	If bonds were issued at a premium, then the contractual interest rate was _____________ than the market interest rate.


	5.	If bonds are issued at face value (par), it indicates that the ________________ interest rate must be equal to the ________________ interest rate.




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