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23) A bond is a contract between the bond issuer (the borrower) and the bondholder (the investor). For a typical, plain vanilla bond, which of

23) A bond is a contract between the bond issuer (the borrower) and the bondholder (the investor). For a typical, plain "vanilla" bond, which of the following bond attributes are not bound by the terms of this contract and can therefore change during the bond's life?

Multiple Choice

  • The bond's term.

  • The bond's coupon payments (the percent of face value).

  • The bond's face value.

  • The bond's price.

  • The frequency of the bond's coupon payments.

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