A legal document that details the rights of bondholders and the issuer is called If the legal document just described includes a sinking fund provision, is the bond considered to have more or less default risk, all else being equal? O More default risk O Less default risk You can distinguish the various types of bonds by their terms of contract, pledge of collateral, and so on. Identify the type of bond based on each description given in the table that follows: Description Type of Bond These bonds are considered the riskiest of all corporate bonds and thus offer the highest interest rates. These bonds are not backed by any physical collateral. They are backed by the reputation and creditworthiness of the issuing company These bonds are backed by real estate holdings and equipment, and if a company goes bankrupt, the collateral can be sold off to compensate for the default. These bonds, more so than other collateralized securities, have prior claims over assets Debentures Subordinated debentures Senior mortgage bonds unior mortgage bonds The Export Development Canada (EDC) announced that it launched a USD 1 billion three-year Global Bond, the first global bond of its size in its corporate history. The global bond was issued to support EDC's funding needs, thereby enabling EDC to support more Canadian exporters and investors to do more business internationally and help grow Canada's export trade Such bonds have the same risk profile as government bonds but pay a premium. Which of the following best describes these bonds? O Agency bond Income bond