What are common characteristics or provisions of bonds?

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Answer 1
Answer:

Answer:

Bonds refer to debt instruments wherein the issuer raises long term finance and agrees to pay the lenders a fixed coupon rate of payments periodically and principal repayment upon redemption.

Bonds are characterized by following :

  1. Face value : This refers to the par value at which bonds are issued and coupon payments are fixed as a percentage of face value.
  2. Fixed rate of coupon payments: Bonds are characterized by a fixed rate of coupon payments i.e interest payments to the lenders periodically and obligatory. It may be paid semi annually or annually.
  3. Maturity : Bonds are to be redeemed by the issuer after a certain period ranging from, say 5 years to 20 years. This means the lenders will be paid back their principal upon such redemption.
  4. Credit Ratings: Bonds are issued with credit ratings such as AAA or AA or BB. AAA is considered to be the best rating. The higher the credit rating, the more attractive such bonds are to the investors as it indicates better credit worthiness of the issuer company.
  5. Issuer: The issuer refers to the agency or the company that issues bonds to the investors. Bonds may be issued by municipality, government or corporate firms. The terms differ accordingly.

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Which of the following statements is false? Multiple Choice Cost drivers are often selected based on the availability of information. Volume measures are good drivers for fixed overhead costs. Fixed costs that do not have a definitive cost driver are allocated using an allocation base that distributes a rational share of the cost to each product. Both direct and indirect costs can be assigned to a cost object.

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Answer:

Volume measure are good drivers for fixed overhead costs is the correct answer.

Explanation:

Volume measure is used in plant facilities and results when the level of activity is measured in machine hours and direct labor hours. It is different from the budget denominator entity which is used in determining the fixed overhead standard rate. If the denominator of hours exceeds the standard hours allowed then the variance is unfavorable and is favorable in the opposite case.

How many digits does a bank account in bank of america have?

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Answer:

8 - 12 digits

Explanation:

The Bank of America have a 12 digits bank account number and the last digits of the account number is for added security. The next set of number is the account numbers after routing the number. The digits are typically for 8 to 12 digits. It is that number which is particular and it is necessary for all the transactions of the  bank.

Which of the following might not be an option for increasing your present income? (1 point)requesting a promotion requesting a merit increase in pay quitting your job to find another looking for a better job without quitting your old job

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Answer – Quitting your job to find another
Quitting your job to find another might not be an option for increasing your present income. As a matter of fact, doing so lead to a reduction of income if a less-paying job is found after quitting the current one, or worse still total lack of income if no job is found after quitting the present job. In simple terms, if you quit your present job, there is no guarantee that you’ll find a better one. A more feasible option would be to start looking for a better job without quitting your old job. Better still, if the options are available, you may request a promotion at your present job or request a merit increase in pay.

Identify three challenges bricks constructions may encounter when trying to implement their corporate social investment plan in the local community

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The right answer for the question that is being asked and shown above is that: "Bricks Construction might not have enough funds to implement a project int he community. It also includes the employees' difficulty in managing the program. Because of this, it will be a difficult to sustain most especially economic's downside."

When would someone be restricted from filing for bankruptcy?
A.if the debtor fails the asset test
B.if the debtor fails the income-liability test
C.if the debtor fails the credit-overloadtest
D. if the debtor fails the means test

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Someone will be restricted to file for bankruptcy when the debtor fails the income- liability test. An income-liability test is when you will be able to pay your debt from your income. When income does not pay your liability to the bank, you will be restricted to file bankruptcy to your business.

The correct answer is D

What is a beneficiary?a. The person who files life insurance claims on your behalf
b. The person or group of people who will receive your life insurance money
c. The person who evaluates life insurance claims
d. The person who determines whether you qualify for life insurance

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The correct answer is B. The person or group of people who will receive your life insurance money

Explanation:

A beneficiary refers to an individual that receives a benefit or good derived from another person or factor. In the case of life insurance, that is a program in which you pay money to an insurance company in exchange of death benefit (money paid to others once you die), the beneficiary or beneficiaries are those that will receive the money you pay for in your life insurance after you die or in some cases after other circumstances. Due to this, the beneficiaries are often close relatives of the person paying the life insurance. This implies a beneficiary is "The person or group of people who will receive your life insurance money".

B. The root ben, bien, or bien is essentially latin for good. Therefore the person that receives the good is the beneficiary.