1. TASK: Insert the appropriate word in the text below:
Annual – due – fixed – ssuing - matures – occur – outstanding – principal
Normally, a bond's interest payments ___________ semiannually. This means that the corporation issuing a bond will pay to the bondholders one-half of the ___________ interest at the end of each six-month period as long as the bond is ___________.
Usually a bond's stated interest rate is ___________ or locked-in for the life of the bond.
Bond Principal Payment
A bond's ___________ payment is the dollar amount that appears on the face of a bond. This is the amount that the ___________ corporation must pay to the bondholders on the date that a bond ___________ or comes ___________.
2. CHECK YOUR SPEAKING
annual |
[ ˈænjuəl ] |
щорічний |
due |
[ djuː ] |
борг |
fixed |
[ fɪkst ] |
зафіксований |
issuing |
[ ˈɪʃ.uː ] |
емісійний; випусковий |
matures |
[ məˈtjʊər ] |
дозріває, наступає (про строк погашення) |
occur |
[ əˈkɜː(r) ] |
виникати |
outstanding |
[ aʊtˈstændɪŋ ] |
неоплачений |
principal |
[ ˈprɪn.sɪ.pəl ] |
основна сума боргу |
3. SEE CORRECT ANSWER
Normally, a bond's interest payments ___________ semiannually. This means that the corporation issuing a bond will pay to the bondholders one-half of the ___________ interest at the end of each six-month period as long as the bond is ___________.
Usually a bond's stated interest rate is ___________ or locked-in for the life of the bond.
Bond Principal Payment
A bond's principal payment is the dollar amount that appears on the face of a bond. This is the amount that the issuing corporation must pay to the bondholders on the date that a bond matures or comes due.
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