Prepare memo to describing the effect of each of the following bond features on the coupon rate of the bond if Mark Taylor and Jack Rodwell, the owner Tuxedo Air, have decided to expand their operation. They instructed their newly hired financial analyst. Ed Cowan, to enlist an underwriter to help sell $35 million in new 10-year bonds to finance construction. Chris has entered into discussion with Suzanne Lenglen, an underwriter from the firm of Ralnes and warren, about which bond features Tuxedo Air should consider and what coupon rate issue will likely have.

Although Ed is aware of the bond features, he is uncertain about the costs and benefits of some features so he isn't how each feature would affect the coupon rate of the bond issue.

Prepare memo describing the effect of the advantages of the security of the bond whether the bond has collateral? and the advantages of the seniority of the bond? the advantages of the presence of sinking fund? the advantages of a call provision with specified call dates and call prices? the advantages of a deferred call accompanying the call provision? the advantages of a Canada plus call provision? discuss several possible positive and negative covenants Tuxedo Air might consider? any conversion feature? What are the advantages of the a floating rate coupon?

Please do it in memo format?