Describe the two distinct obligations incurred by a corporation when issuing bonds.
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- When corporations issue bonds, there are two distinct obligations. What are those obligations? What do the following terms mean in regard to corporations issuing bonds: convertible, callable, and debenture?State the types of corporate bonds.Explain the differences among bonds offered by the state. Explain the differences among bonds offered by the corporations.
- Briefly describe what Municipal Bonds are as compared to General Obligation Bonds.Compare and contrast corporate bonds with Government bonds.Which type of bond has interest payments that are exempt from federal income taxes? A. Corporate bonds B. Certificates of deposit C. Municipal bonds D. Treasury bonds
- Corporate bonds that can be exchanged for shares of the corporation’s common stock ifcertain conditions are met are calleda. callable bonds.b. equity bonds.c. convertible bonds.d. exchangeable bonds.Define the term corporate bonds.Corporate bonds that can be exchanged for shares of the corporation's common stock if certain conditions are met are called A. equity bonds. OB. exchangeable bonds. O C. convertible bonds. O D. callable bonds.
- :A dicount on bonds payable .Occurs when a corporation issues bonds with a stated rate more than the market rate A O .Occurs when a corporation issues bonds with a stated rate less than the market rate .B O .Is reported under the equity section on the balance sheet.C .Is a contra-asset account.Da) Define Bond. b) Outline various classification of Bond. c) Explain the features of Corporate Bond.Bonds that are issued on the general creditworthiness of the company are: Bonds that are issued on the general creditworthiness of the company are: 1. callable bonds 2. convertible bonds 3. secured bonds 4. debenture or unsecured bonds