Development bond and municipal bond insurance


Assignment:

Define each of the following terms:

a. Bond; Treasury bond; corporate bond; municipal bond; foreign bond
b. Par value; maturity date; coupon payment; coupon interest rate
c. Floating-rate bond; zero coupon bond; original issue discount bond (OID)
d. Call provision; redeemable bond; sinking fund
e. Convertible bond; warrant; income bond; indexed, or purchasing power, bond
f. Premium bond; discount bond
g. Current yield (on a bond); yield to maturity (YTM); yield to call (YTC)
h. Reinvestment risk; interest rate risk; default risk
i. Indentures; mortgage bond; debenture; subordinated debenture
j. Development bond; municipal bond insurance; junk bond; investment-grade bond

Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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