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When corporations issue bonds, there are two distinct obligations. What are those obligations? What do the following terms mean in regard to corporations issuing bonds: convertible, callable, and debenture?
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- When are corporations likely to call their bonds?(a) From what sources might a corporation obtain fundsthrough long-term debt? (b) What is a bond indenture?What does it contain? (c) What is a mortgage?:A dicount on bonds payable .Occurs when a corporation issues bonds with a stated rate more than the market rate A O .Occurs when a corporation issues bonds with a stated rate less than the market rate .B O .Is reported under the equity section on the balance sheet.C .Is a contra-asset account.D
- State the types of corporate bonds.What is the difference between a corporate bond and a registered bond?Corporate bonds that can be exchanged for shares of the corporation’s common stock ifcertain conditions are met are calleda. callable bonds.b. equity bonds.c. convertible bonds.d. exchangeable bonds.
- Which types of bonds are most liquid? Corporate Bonds O Municipal Bonds O Treasury Bonds O Agency BondsWhich of the following is not a primary source of corporate debt financing? a. Bonds. b. Notes. c. Leases. d. Receivables.The legal document that spells out the rights of the bond holders and terms of a corporate bond is called a