Assignment 3c: Bonds Review Exercise BUS 1020 7-1. Distinguish between debentures and mortgage bonds. Please replace this with your answer in italics here. Leave the question above. 7-2. Define (a) Eurobonds, (b) zero coupon bonds, and (c) junk bonds. Please replace this with your answer in italics here. Leave the question above. 7-3. Describe the bondholder's claim on the firm's assets and income. Please replace this with your answer in italics here. Leave the question above. 7-4. a. How does a bond's par value differ from its market value? b. Explain the differences among a bond's coupon interest rate, current yield, and required rate of return. Please replace this with your answer in italics here. Leave the question above. 7-5. What factors determine a bond's rating? Why is the rating important to the firm's manager? Please replace this with your answer in italics here. Leave the question above. 7-6. What are the basic differences among book value, liquidation value, market value, and intrinsic value? Please replace this with your answer in italics here. Leave the question above