A bond that does not have specific assets of the firm


Match the terms correctly:

Putable bonds

secured bonds

callable bonds

convertible bonds

debenture

commercial paper

A. a bond that does not have specific assets of the firm designated as collateral

B. investors can force the issuer to repurchase the bond at a price that is pre-specified in the bond indenture

C. investors can exchange the bond for a set number of shares of common stock of the issuer

D. issuer can force return of the bond by investors in exchange for a price that is pre determined in the bond indenture

E. specific assets of the firm are designated as collateral for the bond

F. Short term (less than one year) corporate debt

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Financial Management: A bond that does not have specific assets of the firm
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