1. The security of the bond - that is, whether the bond has collateral. (5 marks) 2. The seniority of the bond. (3 marks) 3. The presence of sinking fund. (4 marks) 4. A call provision with specified call dates and call prices. (4 marks) 5. A deferred call accompanying the call provision. (6 marks) 6. A make-whole call provisions. (6 marks) 7. Any positive covenants. Also, discuss three possible positive covenants S&S Air might consider. (7 marks) 8. Any negative covenants. Also, discuss three possible negative covenants S&S Air might consider. (7 marks) 9. A conversion feature (note that S&S Air is not a publicly traded company). (3 marks) 10. A floating-rate coupon. (2 marks)