Match the Type of Bond with the Appropriate Description

question 22

Essay

Match the type of bond with the appropriate description. Type of Bond
A. Debentures
B. Secured bonds
C. Ordinary bonds
D. Serial bonds
E. Callable bonds
F. Redeemable bonds
G. Convertible bonds
H. Registered bonds
I. Coupon bonds
J. Indentures
K. None of the above

Description

____ 1. When the bond interest date approaches, the investor detaches a form from the bond, signs
it, and mails it to the issuing company.
____ 2. Bonds that can be exchanged for other securities of the issuer , at the option of the investor.
____ 3. There is no pledge of assets, or mortgage, as a guarantee of payment of the bonds at
maturity.
____ 4. Bonds that may be called for early retirement at the option of the issuer .
____ 5. The payment of the principal as a single sum at a specified date.
____ 6. Payment of bond interest is made only to the investor currently on the records of the issuer .
____ 7. Bonds that may be turned in for early retirement at the option of the investor.
____ 8. Bonds that include a mortgage or pledge of specific assets as a guarantee of repayment at
maturity.

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Definitions:

Labor Rate Variance

The difference between the actual labor rate paid and the standard or expected labor rate, impacting the total cost of production.

September

September, as identified in the Gregorian calendar system.

Materials Quantity Variance

The difference between the actual amount of materials used in production and the expected amount, which can indicate efficiency or waste in the use of raw materials.

June

The sixth month of the year in the Gregorian calendar, known for marking the beginning of summer in the Northern Hemisphere.