Fill in the blanks by choosing the appropriate term from the following list: lease, funded, floating-rate, eurobond, convertible, junior, call, sinking find, prime rate, private placement, public issue, senior, unfunded, eurodollar nate, warrant, debentures, term loan. (LO14-5)
a. Debt maturing in more than 1 year is often called debt___________.
b. An issue of bonds that is sold simultaneously in several countries is traditionally called $a(n)$____________
c. If a lender ranks behind the firm's general creditors in the event of default, the loan is said to be___________
d. In many cases, a firm is obliged to make regular contributions to a(n)____________ , which is then used to repurchase bonds.
e. Some bonds give the firm the right to repurchase or__________ the bonds at specified prices.
f. The benchmark interest rate that banks charge to their customers with good credit is generally termed the___________
g. The interest rate on bank loans is often tied to short-term interest rates. These loans are usually called__________ loans.
h. Where there is $a(n)$___________ , securities are sold directly to a small group of institutional investors. These securities cannot be resold to individual investors.
i. In the case of $a(n)$___________ , debt can be freely bought and sold by individual investors.
j. A long-term rental agreement is called a(n)__________
k. $A(n)$__________ bond can be exchanged for shares of the issuing corporation.
1. $A(n)$__________ gives its owner the right to buy shares in the issuing company at a predetermined price.