Which of the following are characteristics of corporate bonds? Check all that apply. Their minimum denomination is $100,000. The interest paid on them is tax-deductible to the corporation. Their maturities are normally between 10 and 30 years, however, they can be issued with 50-year or even 100-year maturities. The interest income earned on them is exempt from state and federal taxes. Call provision Best efforts agreement Low-coupon bonds Definition Junk bonds A provision in a public offering prospectus whereby the underwriter attempts to sell the bonds at a specified price but makes no guarantee to the issuer. Securities that have extremely high credit default risks. A provision on a bond that requires a bond issuing firm to repurchase bonds at a price higher than their par value. Securities are issued at a discounted price, with minimal or no coupon payments.