Ask Question
13 June, 16:17

Match each type of bond with its description. a. Secured Secured drop zone empty. b. Callable bonds Callable bonds drop zone empty. c. Convertible bonds Convertible bonds drop zone empty. d. Term Term drop zone empty. e. Serial bonds

+3
Answers (1)
  1. 13 June, 16:28
    0
    a. Secured bonds - A secured bond is a bond that is issued with a collateral backing the loan.

    b. Callable bonds - A bond that the issuer can call off, or pay off, at any time, not necessarily at maturity.

    c. Convertible bonds - A bond that can be converted into equity (stocks). If the bondholder wishes, he can exchange his bond for ownership of stocks in the bond issuer firm.

    d. Term bonds - A bond that has one single, specific maturity date.

    e. Serial bonds - A bond that has several maturity dates.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Match each type of bond with its description. a. Secured Secured drop zone empty. b. Callable bonds Callable bonds drop zone empty. c. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers