Question: Listed below are several terms and phrases associated with long-term debt. Pair each item from List A with the item from List B (by letter)

Listed below are several terms and phrases associated with long-term debt. Pair each item from List A with the item from List B (by letter) that is most appropriately associated with it. List A List B ________1. Effective rate times balance ________2. Promises made to bondholders ________3. Present value of interest plus present value of principal ________4. Call feature ________5. Debt issue costs ________6. Market rate higher than stated rate ________7. Coupon bonds ________8. Convertible bonds ________9. Market rate less than stated rate _______ 10. Stated rate times face amount _______ 11. Registered bonds _______ 12. Debenture bond _______ 13. Mortgage bond _______ 14. Materiality concept _______ 15. Subordinated debenture Straight-line method Discount Liquidation payments after other claims satisfied Name of owner not registered Premium Checks are mailed directly No specific assets pledged Bond indenture Backed by a lien Interest expense May become stock Legal, accounting, printing Protection against falling rates Periodic cash payments Bond pric

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