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mortgage
debenture
preemptive
Treasury
Question 18. 18. (TCO 5) A(n) _____ bond is one that can be
exchanged, at the owner's option, for a specified number of shares of
the corporation's stock.
debenture
convertible
indenture
flexible
subordinated
Question 19. 19. (TCO 5) If a corporation is allowed to buy
outstanding bonds from current bondholders before the maturity date,
this is referred to as
a flexible bond.
a convertible option.
a call feature.
a free purchase.
a guarantee.
Question 20. 20. (TCO 5) A _____ bond is registered in the owner's
name by the issuing company.