Accounting 102 Chp.15 Hw

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Accounting

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7 Terms

1
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True or False: Bonds are a form of interest-bearing notes payable

True

2
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True or False: Secured bonds have specific assets of the issuer pledged as collateral for the bonds.

True

3
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True or False: A conversation feature may be added to Bonds to make them more attractive to bond buyers

True

4
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True or False: Secured bonds are also known as debenture bonds

False

5
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True or false: The rate used to determine the amount of cash interest the borrower pays is called the stated rate

True

6
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True or False: Bond prices are usually quoted as a percentage of the face value of the bond

True

7
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True or false: The present value of a bond is the value of which it should sell in the marketplace

False