Match the descriptions with their terms:
-The amount paid by the investor on issue of a debenture or unsecured note
A) Non-current liability
B) Present value
C) Warranty
D) Issue price
E) Current liability
F) Borrowing costs
G) Contract interest rate
H) Mortgage
I) Quick ratio
J) Provision

Question

Quizplus · Accepted Answer

The issue price is the amount paid by the investor when a debenture or unsecured note is issued. This price can be at par, at a premium, or at a discount, depending on the terms of the issue.

Match the Descriptions with Their Terms