TIGRS, CATS AND LIONS
TIGRs, CATS and LIONs—No, you will not encounter them in The
Wizard of Oz. You cannot find them in a zoo, either. These things with the
catchy names are actually bonds. There are other animal-named bonds as
well—dealers have sold RATs, COUGARs, GATORs, EAGLEs, and even DOGs. In this
tutorial, we will focus on those in the title, as they were the most
popular.
Let's start sorting out this menagerie with a few
definitions.
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