Zero coupon and split coupon bonds
A) experience stable prices
B) conserve the firm's cash
C) reduce the firm's use of financial leverage
D) pay interest only at maturity
Correct Answer:
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Q44: A fallen angel is
A)a quality bond whose
Q45: Bonds may be retired by
1. being called
2.
Q46: A split coupon bond
A)distributes interest in cash
Q47: Zero coupon bonds
A)are sold at a discount
B)are
Q48: A call feature is an option while
Q50: If a bond has a call feature,
Q51: As the length of time to maturity
Q52: In a typical bond classification
A)"A" are investment
Q53: Equipment trust certificates are
A)riskier than convertible bonds
B)secured
Q54: Serial bonds
A)have a sinking fund
B)are issued and
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