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Listed Below Are Several Terms and Phrases Associated with Long-Term

Question 96

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

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