Business, 15.04.2020 04:59 student0724
1) If the coupon interest rate remains constant from the time of issue until the bond matures, then the bond is called a bond.
2) 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 the .
3) Which term is used to describe a call provision in which the issuer is prevented from calling a portion or the entire issue for several years during the early years of the bond issue?
a. Delayed call provision
b. Sinking fund provision
c. Deferred call provision
Answers: 3
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