A bond that pays interest forever and has no maturity date is a perpetualbond, also called a perpetuity or a consol. In what respect is a perpetual bondsimilar to (1) a no-growth common stock and (2) a share of preferred stock?

What is a common stock yield and why is it important to investors? Additionally, define and explain the meaning of a bond yield. What is the difference between a stockholder and a bondholder? What is the source of their divergent expectations? What are the investors' alternatives if the common dividend is not paid? What alternatives do bondholders have if bond interest payments are not made?

For a standard corporate bond, when are the following characteristics of the bond determined? ······ The amount that the issuer returns to the bondholder, when the bond matures. The maturity date. The bond's market yield. The bond's market price. The price that the bondholder pays to the issuer to acquire the bond. The amounts of any interest payments. The bond's coupon rate. The dates of any interest payments. 1. 2. Fixed before the bonds are sold and does not change. Fixed when the bonds are sold and does not change. 3. Fluctuates continually.

The is what the convertible bond would sel1 for if it could not be converted into common stock.