Question: Fill in the blanks by choosing the appropriate term from the following list lease, funded, floating-rate, euro-bond, convertible, subordinated, call, sinking fund, prime rate, private
Fill in the blanks by choosing the appropriate term from the following list lease, funded, floating-rate, euro-bond, convertible, subordinated, call, sinking fund, prime rate, private placement, public issue, senior, unfunded, euro-dollar rate, warrant, debentures, term loan.
a. Debt maturing in more than 1 year is often called ______ debt.
b. An issue of bonds that is sold simultaneously in several countries is traditionally called a(n) ______.
c. If a lender ranks behind the firm's general creditors in the event of default, the loan is said to be ______.
d. In many cases a firm is obliged to make regular contributions to a(n) ______, which is then used to repurchase bonds.
e. Some bonds give the firm the right to repurchase or ______ the bonds at specified prices.
f. The benchmark interest rate that banks charge to their customers with good credit is generally termed the ______.
g. The interest rate on bank loans is often tied to short-term interest rates. These loans are usually called ______ loans.
h. Where there is a(n) ______, securities are sold directly to a small group of institutional investors. These securities cannot be resold to individual investors.
i. In the case of a(n) ______, debt can be freely bought and sold by individual investors.
j. A long-term rental agreement is called a(n) ______.
k. A(n)______ bond can be exchanged for shares of the issuing corporation.
l. A(n)______ gives its owner the right to buy shares in the issuing company at a predetermined price.
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