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To be effective issuing and investing in bonds, knowledge of their terminology, characteristics, and features is essential. For example: - A bond's I5 generally $1,000

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To be effective issuing and investing in bonds, knowledge of their terminology, characteristics, and features is essential. For example: - A bond's I5 generally $1,000 and represents the amount borrowed from the bond's first purchaser, - A bond issuer is said to be in If it does not pay the interest or the principal in accordance with the terms of the indenture agreement or if it violates one or more of the issue's restrictive covenants. - A bond contract feature that requires the issuer to retire a specified portion of the bond issue each year is called a - A bond's allows a bondholder or preferred stockholder to convert their bond or preferred share, respectively, into a specified number or value of common shares. Suppose you read an article about the Golden Gate Bridge and Highway District bonds. It includes the following information: Bridge Bonds Series A Dated 7-15-2005 4,375\% Due 7-15-2055 0 100.00 What is the maturity date of this bond? 71520057152055 If the coupon interest rate is 4.375% for the first six months and changes to a rate equal to the 10 -year Treasury bond rate plus 1.3% thereafter, the bond is called a bond. Which feature of a bond contract allows the is suer to redeem a bond issue immediately in its entirety at an amount graater than par value prior to maturity? Put provision Sinking fund provision Call provision Convertuble provision: Which term is used to describe a cali provision in which the issuer is prevented from calling a portion or the entire issue for several years during the eatly years of the bond issue? Deferred call provision bedining call provision Delayed call provision

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