Multiple Choice
Listed below are several terms and phrases associated with long-term debt. Pair each item from List A (by letter) with the item from List B that is most appropriately associated with it.
-Market rate higher than stated rate
A) No specific assets pledged
B) Legal, accounting, printing
C) Protection against falling rates
D) Bond price
E) Backed by a lien
F) May become stock
G) Interest expense
H) Checks are mailed directly
I) Name of owner not registered
J) Premium
K) Discount
L) Periodic cash payments
M) Straight-line method
N) Liquidation payments after other claims satisfied
O) Bond indenture
Correct Answer:

Verified
Correct Answer:
Verified
Q91: Determine the price of a $200,000 bond
Q92: On January 1, 2018, Morton Sales Co.
Q93: List at least three ways that bonds
Q94: The debt to equity ratio indicates:<br>A) The
Q95: When the interest payment dates are March
Q97: Air Destinations issues bonds due in 10
Q98: When a company issues bonds between interest
Q99: Listed below are several terms and phrases
Q100: Nickel Inc. bought $100,000 of 3-year, 6%
Q101: Lopez Plastics Co. (LPC) issued callable bonds