A bond with both a face value and a market value of $1,000 is called a _____bond. [A] par value [B] premium [C] discount A deferred call provision is designed to: [A] guarantee a bond will be repaid on a certain date prior to maturity. [B] prohibit the calling of a bond prior to a certain date [C] ensure bond holders receive full value when a bond is called. Which type of bond grants its holder the right to force repayment of the bond at a stated price prior to maturity? [A] Call [B] Put The ____ premium is that portion of a nominal m interest rate or bond yield that represents compensation for the possibility of nonpayment by the bond issuer. [A] interest rate risk [B] liquidity [C] default risk Bondholders are generally granted voting rights. [A] True [B] False Protective covenants: [A]are primarily designed to protect bondholders from future actions of the bond issuer. [B] only apply to bonds that have a deferred call provision. [C] are designed to protect the issuer should it default