Personal Finance Chapter 11 Activity

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Across
  1. 2. Growth stocks, growth-oriented mutual funds, and rental property
  2. 6. A corporate bond secured by various assets of the issuing firm.
  3. 9. A legal document that details all of the conditions relating to a bond issue.
  4. 11. A financially independent firm that acts as the bondholders' representative.
  5. 14. For a corporate bond, the date on which the corporation is to repay the borrowed money.
  6. 15. A bond that is backed only by the reputation of the issuing corporation.
  7. 16. Speculative stocks, options, commodities, and other high-risk investments
  8. 19. A bond backed by the full faith, credit, and unlimited taxing power of the government that issued it.
  9. 20. U.S. securities, selected corporate and municipal bonds, income stocks, and conservative mutual funds
Down
  1. 1. The written pledge of government or a municipality to repay a specified sum of money, along with the rest
  2. 3. A corporation's written pledge to repay a specified amount of money with interest.
  3. 4. A feature that allows the corporation to call in, or buy, outstanding bonds from current bondholders before the maturity date.
  4. 5. A bond that is repaid from the income generated by the project it is designed to finance.
  5. 7. A ____ is a debt security, similar to an IOU
  6. 8. A bond that can be exchanged, at the owner's option, for a specified number of shares of the corporation's common stock.
  7. 10. A corporate bond that pays higher interest but also has a higher risk of default.
  8. 12. A debt security issued by a state or local government.
  9. 13. The dollar amount the bondholder will receive at the bond's maturity.
  10. 17. Cash, CDs, money market mutual funds, and U.S. government bonds
  11. 18. a security that represents the ownership of a fraction of the issuing corporation.