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6. Puttable bonds A. Allow bondholders to resell a bond back to the issuer at a pre-specified price on pre-specified dates before maturity B. Issuers

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6. Puttable bonds A. Allow bondholders to resell a bond back to the issuer at a pre-specified price on pre-specified dates before maturity B. Issuers can 'call back' the bonds issued at pre-specified prices on pre-specified before maturity C. A right to exchange the bonds at some stage in the future into ordinary shares (or preference shares) D. None of the above 7. Debt covenants are A. Face value of the bond may be specifically secured against assets B. Terms that are inserted into debt contracts to prevent the company taking actions that will increase the risk of default on the debt C. Measures for borrowers' credit risk D. None of the above 8. The exact definition of a Eurobond is: A. Bonds issued only in the Eurozone B. Bonds issued by firms from the Eurozone C. All bonds denominated in Euros D. Bonds issued in a currency other than that of the country of issue 9. A convertible bond gives its owner the option to A. Turn the bond into preferred stock B. Sell bond at a market premium C. Sell bond at its par value D. Exchange the bond for a predetermined number of shares

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