A bond’s is generally $1,000 and represents the amount borrowed from the bond’s first purchase. • A bond issuer is said to be in if it does not pay the interest or the principal in accordance with the terms of the indenture agreement or if it violates one or more of the issues restrictive covenants. • The contract that describes the terms of a borrowing arrangement between a firm that sells a bond issue and the investors who purchase the bonds is called . • A bond’s gives the issuer the right to call, or redeem, a bond at specific times and under specific conditions. What is the coupon interest rate of this bond?

Explanation:

1. A bond's face or maturity value is generally $1,000 and represents the amount borrowed from the bond's first purchaser.

2. A bond issuer is said to be in default if it does not pay the interest or the principal in accordance with the terms of the indenture agreement or if it violates one or more of the issue's restrictive covenants.

3. A bond contract feature that requires the issuer to retire a specified portion of the bond issue each year is called a singing fund provision.

4. A bond's call provision gives the issuer the right to call, or redeem, a bond at specific time and under specific conditions.

answer; limited pay life;

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.