Bond Terminology: Fill in the Missing Blanks
1. The ___________ is the amount (a) payable at the maturity of the bond and (b) on which the periodic cash interest payments are computed.
2. ___________ is another name for bond principal, or the maturity amount of a bond.
3. ___________ is another name for principal, or the principal amount of the bond.
4. The ___________ is the rate of cash interest per period stated in the bond contract.
5. A ___________ is an unsecured bond; no assets are specifically pledged to guarantee repayment.
6. ___________ bonds may be called for early retirement at the option of the issuer.
7. ___________ bonds may be converted to other securities of the issuer (usually common stock).