Asked by
lalith kumar
on Nov 04, 2024Verified
The bond indenture includes
A) the coupon rate of the bond.
B) the par value of the bond.
C) the maturity date of the bond.
D) All of the options are correct.
E) None of the options are correct.
Bond Indenture
The contract between the issuer and the bondholder.
Coupon Rate
The per year interest yield of a bond, expressed as a portion of its principal value in percentage.
Par Value
The face value of a bond or stock, representing the amount that will be paid back at maturity.
- Understand the structural and contractual provisions included in bond indentures.
Verified Answer
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Learning Objectives
- Understand the structural and contractual provisions included in bond indentures.