Accounting: What the Numbers Mean 9th Edition by Wayne W McManus, Daniel F Viele, David H Marshall

Exercise 69

Following are a number of the key terms and concepts introduced in the chapter, along with a list of corresponding definitions. Match the appropriate letter for the key term or concept to each definition provided (items 1–10). Note that not all key terms and concepts will be used.

a. Working capital loan	j. Mortgage bond
b. Maturity date	k. Collateral trust bond
c. Revolving line of credit	l. Serial bond
d. Straight interest	m. Callable
e. Discount interest	n. Call premium
f. Annual percentage rate (APR)	o. Convertible bond
g. Prime rate	p. Face amount of bond
h. Bond discount	q. Stated interest rate
i. Current maturities of long-term debt	r. Bond premium

_____An amount paid in excess of the face amount of a bond when the bond is repaid prior to its established maturity date.