Please help with the following:

QUESTION 26 The legal contract that describes the form of the bond, the obligations of the issuer, and the rights of the bondholders is called a bond's: O lndenture. O Covenant. O Promissory note. QUESTION 27 Which ofthe following changes is most likely to cause a bond investor's duration gap to decrease? O The investor decides to hold the bond longer. 0 The yield-to-maturity of the bond decreases. O The Treasury yield curve shifts downward. QUESTION 28 Which of the following is least likely an internal credit enhancement for an M35? 0 Overcollateralization. O Poolinsurance. O Subordinate structure. QUESTION 29 Consider the following statements. Statement 1: The option embedded in a putable bond is likely to be exercised bythe holder when interest rates rise. Statement 2: If a bond is traded between coupon payment dates, accrued interest is paid to the buyer. Which ofthe following is most likely? 0 Both statements are incorrect. 0 Only Statement 1 is correct. O Only Statement 2 is correct. QUESTION 30 Consider the following statements. Statement 1: Relative to domestic and foreign bonds, Eurobonds are subject to greater regulation. Statement 2: An issue of Eurobond is sold to investors in many countries and typically denominated in multiple currencies. Which ofthe following is most likely? 0 Only Statement 1 is correct. O Both Statements are correct. 0 Both statements are incorrect. QUESTION 31 When the investor's investment horizon is less than the Macaulay duration of the bond she owns, O The investor is hedged against interest rate risk. 0 Reinvestment risk dominates, and the investor is at risk of lower rates. 0 Market price risk dominates, and the investor is at risk of higher rates