FIN 320 - Chapter 6

When you refer to a bond's coupon, you are referring to which one of the following?

What is the principal amount of a bond that is repaid at the end of the loan term called?

The annual interest divided by the face value of a bond is referred to as the:

On which one of the following dates is the principal amount of a bond repaid?

Which one of the following terms refers to a bond's rate of return that is required by the marketplace?

The current yield on a bond is equal to the annual interest divided by which one of the following?

The written agreement that contains the specific details related to a bond issue is called the bond:

A registered form bond is defined as a bond that:

This morning, Jeff found a bond certificate lying on the floor of a bank. He picked it up and noticed that the bond matured today. He presented the bond to the bank teller and receive d both the principal and interest payment. The bond that Jeff found must have been which one of the following?

Miller Farm Products is issuing a 15-year, unsecured bond. Based on this information, you know that this debt can be described as a:

A note is a(n):

What term is used to describe an account that a bond trustee manages for the sole purpose of redeeming bonds early?

A call provision grants the bond issuer the:

The call premium is the amount by which the:

Dexter, Inc. has a bond issue outstanding. The issue's indenture provision prohibits the firm from redeeming the bonds during the first three years. This provision is referred to as the _____ provision.

Travis recently purchased a callable bond. However, that bond cannot be currently redeemed by the issuer. Thus, the bond must currently be:

A protective covenant:

Manning, Inc. originally issued bonds that were rated investment grade. These bonds have now been downgraded to junk status. Which one of the following terms applies to this situation?

Which one of the following terms applies to a bond that initially sells at a deep discount and pays no interest payments?

The price at which a dealer will purchase a bond is called the _____ price.

The price at which an investor can purchase a bond from a dealer is called the _____ price.

A bond trader just purchased and resold a bond. The amount of profit earned by the trader from this purchase and resale is referred to as the:

Which one of the following is the quoted price of a bond?

Which one of the following is the price that an investor pays to purchase an outstanding bond?