topic 2 terminology Flashcards
1
Q
is a security that obligates the issuer to make specified interest
and principal payments to the holder on specified dates
A
bond
2
Q
Bonds are also called ______________.
A
fixed income securities
3
Q
refers to how much a bond will be worth on its maturity date
A
face value
4
Q
face values are typically paid in ________ denominations.
A
1000
5
Q
mortgage-backed bonds issued by U.S. Government agencies
A
agency bonds
6
Q
A
