Match each term with the correct statement below.
a. junk bond
b. debenture
c. serial bond
d. callable bond
e. convertible bond
f. indenture
g. noncallable bonds
h. secured bond
1. A bond that is backed by some form of collateral that the bondholder would receive if the company does not live up to its obligations
2. An agreement that spells out the details and responsibilities in a bond transaction
3. Bonds that are not backed by anything other than the name of the issuer
4. Bonds that mature at different intervals from the date of issue
5. Bonds that do not allow the company to purchase back its bond
6. Very risky debentures
1. H) secured bond
2. F) indenture
3. B) debenture
4. C) serial bond
5. G) noncallable bonds
6. A) junk bond
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