Chapter 11 Personal Finance

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Across
  1. 3. a financially independent firm that acts as the bondholders' representative
  2. 7. a corporate bond secured by various assets by the issuing firm
  3. 8. A method on estimating the number of years required to double your money at a given rate of return
  4. 9. the dollar amount the bondholder will receive at the bond's maturity
  5. 10. Debt obligations of corporations or state or local governments
  6. 12. the written pledge of a government or municipality to repay a specified sum of money along with
  7. 13. A bond that is repaid from the income generated by the project it is designed to finance
  8. 15. investment pyramid level 4
  9. 18. Investment pyramid level 1
  10. 19. investment pyramid level 3
  11. 20. A debt security issued by state or local government
Down
  1. 1. A bond backed by the full faith, credit and unlimited taxing power of the government that issued it
  2. 2. a bond that is only backed by the reputation of the issuing corporation
  3. 4. the rate of return earned by an investor who holds a bond for a period of time
  4. 5. the details of a bond
  5. 6. a bond that can be exchanged at the owners option for a specified number of shares of the corporation's common stock
  6. 11. The chance that an investment's value will decrease
  7. 14. the ability to buy or sell an investment quickly without substantially affecting the investment's value.
  8. 16. For a corporate bond, the date on which the corporation is to repay the borrowed money
  9. 17. The use of long term savings to earn financial return