At a bond's maturity, the bond issuer pays the bondholder the par value of the bond. True or False True False
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- When bonds are redeemed before maturity, how is the gain or loss on redemption determined? Why does the calculation differ for bonds issued at face value, at a premium, and at a discount?In computing the carrying amount of a bond, unamortized _______ is added to the face value of the bond. If a bond sells at a _____________, an amount more than the face value of the bond is received on the date of issuance. If a bond sells at a ____________, an amount less than the face value of the bond is received on the date of issuance.A callable bond allows the person holding the bond to redeem it before its maturity date for the par value. a. true b. false
- The price of a bond is equal to the sum of the interest payments and the face amount of the bonds. True FalseA callable bond: Select one: a. can be paid off early at either the issuer's or the bondholder's request b. can have its maturity date extended by the issuer c. can be redeemed early if the bondholder so requests d. can be redeemed by the issuer prior to maturity e. is a bond that pays a variable interest paymentWhen the bond interest rate > the market rate, the bonds are issued at a discount. Select one: O True O False
- Please see attached. Definition: Yield to maturity (YTM) is the return the bond holder receives on the bond if held to maturity.Please see attached. Definitions: Yield to maturity (YTM) is the return the bond holder receives on the bond if held to maturity.To identify: Yeild to maturity (YTM),yeild to call (YTC) and whether the YTM or YTC is more for the investors. Yeild to maturity (YTM):it refers to the rate of interest earned till the maturity of the bond by the bond holder. Yeild to call:It refers to the rate of interest earned till the bonds are being called,but before maturity of the bond.
- Which type of bond- a mortgage bond, a debenture, or a subordinated debenture- generally has the a. Highest cost to the bond issuer? B. least risk to the bond holder? c. highest yield to the bond holder?what is the principal amount repaid at the maturity of a bond is called?Which of the following is considered the principal when figuring interest for a bond? effective interest rate face of the bond life of bond none of these
