A company needs to raise \$5 million and decides to issue bonds. If each bond has a face value of \$1,000, how many bonds must the company issue?

What is the primary difference between bonds payable and notes payable?

A company issues convertible bonds with a conversion ratio of 20 shares per bond. If an investor holds 50 bonds, how many shares of common stock can they convert their bonds into?

A bond with a face value of \$1,000 is issued at \$950. What does this indicate about the bond's stated interest rate compared to the market rate?

If a bond is called early at a call price of \$1,020, what does this mean for the bondholder?

What is the stated rate on a bond?

A bond with a face value of \$1,000 is issued at \$1,100. What does this indicate about the bond's stated interest rate compared to the market rate?

A bond with a face value of \$1,000 is quoted at 105. What is the current selling price of the bond?

Which type of bond is backed only by the issuer's creditworthiness and not by collateral?

If a company issues callable bonds and the market interest rates decrease significantly, what might the company decide to do?