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Match the Terms with the Appropriate Definitions

Question 170

Matching

Match the terms with the appropriate definitions.

Premises:
Equipment trust bond
Effective-interest amortization method
Current cash equivalent amount
Serial bond
Ordinary payment bond
Debenture
Bond sinking fund
Straight-line amortization method
Indenture
Responses:
The issue price of the bond.
A cash fund set up to retire bonds.
The theoretically correct approach to amortizing bond discount or premium.
Involves repayment of the bond in instalments.
The bond contract containing legal provisions relating to the bond.
None of the above.

Correct Answer:

Equipment trust bond
Effective-interest amortization method
Current cash equivalent amount
Serial bond
Ordinary payment bond
Debenture
Bond sinking fund
Straight-line amortization method
Indenture
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