Stated, coupon, or nominal rate
Stated rate of interest
Multiply the carrying value of the bonds at the beginning of the period by the effective interest rate.
Multiply the face value of the bonds by the effective interest rate.
A residual corporate interest
Bears the ultimate risk of loss and receives the benefits of success
Generally control the management
Tend to profit most if the company is successful
All of the above
A right to share in profits beyond the stated rate
A right to a voice in management
A & C