Bonds Flashcards by Andrea U

Q

What is a bond?

A

A written promise to pay an amount called the par value along with interest.

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

What is the par value of a bond?

A

The face value.

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

What is a bond indenture?

A

The legal document identifying the rights and obligations of the bondholders and the issuer.

How well did you know this?

1

Not at all

2

3

4

5

Perfectly