Question: s from Chapter 7 1. A bond selling in the market for less than par, or face, value is called a ______________ bond; a bond
s from Chapter 7 1. A bond selling in the market for less than par, or face, value is called a ______________ bond; a bond selling in the market for more than the par, or face, value is called a ________________ bond. 2. All other things equal, interest rate risk is greater under what two conditions? 3. What is a bond indenture and what five items may be found in it? 4. The bondholders are represented by a __________. 5. Bonds may be issued in one of two forms, __________ or __________. 6. __________are unsecured bonds with maturities of ten years or less, and __________are unsecured bonds with maturities of 10 years or more. 7. The right of a company to buy back its bonds before maturity is a __________ and the amount that it pays the bondholders above par for this feature is a __________. Bonds which are covered by this provision are said to be _______________
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