Match each of the following situations with the appropriate term below. Terms may be used more than once

a. maturity
b. interest
c. premium
d. discount

______ 1. Bank, Rupp & Baroque, Inc. issued bonds that sold for $101,000.
______ 2. Bank, Rupp & Baroque, Inc. bonds carried a stated rate of 6.5%.
______ 3. Bank, Rupp & Baroque, Inc. bonds will be due in 2030.
______ 4. Bank, Rupp & Baroque, Inc. issued bonds that sold for $99,000.
______ 5. The semi-annual payment to bondholders is $6,000.

c, b, a, d, b

Business

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Distinguish between a merger and a share exchange

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In recent years the annual inflation rate has been

A) over 10% each year. B) between 5% and 10% each year. C) between 2 and 4 percent. D) negative (deflation) in about half the years.

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