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1 P1-Q1: 2 3 4 5 6 7 9 8 Seniority 10 11 12 Features 13 Collateral Covenants 4 Do not change the formatl Note:

1 P1-Q1: 2 3 4 5 6 7 9 8 Seniority 10 11 12 Features 13 Collateral Covenants 4 Do not change the formatl Note: P1-Q1's total score is 5 points. And, there are 19 cells you must fill up with the correct answer. The rubric for grade is posted on the Blackboard and is available under "Check Grades." P Bonds Type of bonds Secured bond Unsecured bond Senior bond Call provision Non-callable bond Junior or Subordinated bond Callable bond Puttable bond Bond with positive covenants P1-Q1 P1-02 P1-Q3 P2-Q1 P2-Q2 Description ? ? P2-Q3 ? Bond issuers/Bondholders (Whom does this feature benefit? And, why do you think so?) ? ? Effect on coupon rates ? ? ? ? Reference (If textbook, provide the page number. If other sources, provide information)

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