Reference no: EM133171830
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 price