The Leeward Company just issued 15-year, 8 percent, unsecured bonds at par. These bonds fit the definition of which one of the following terms

A bond that is payable to whomever has physical possession of the bond is said to be in:    A.  new-issue condition. B.  registered form. C.  bearer form. D.  debenture status. E.  collateral status. Refer to section 7.2

10.	The Leeward Company just issued 15-year, 8 percent, unsecured bonds at par. These bonds fit the definition of which one of the following terms?    A.  note B.  discounted C.  zero-coupon D.  callable E.  debenture

11.	Which of the following defines a note? I. secured II. unsecured III. maturity less than 10 years IV. maturity in excess of 10 years    A.  III only B.  I and III only C.  I and IV only D.  II and III only E.  II and IV only

12.	A sinking fund is managed by a trustee for which one of the following purposes?    A.  paying interest payments B.  early bond redemption C.  converting bonds into equity securities D.  paying preferred dividends E.  reducing coupon rates