Which of the following is true regarding a bond? O The issuance must be approved by the board of directors. O The terms are set forth in a legal document called a bond indenture. O The contractual interest rate is also referred to as the stated rate. O All of the answer choices are correct.

Which of the following is true regarding a bond? The issuance must be approved by the board of directors. The terms are set forth in a legal document called a bond indenture The contractual interest rate is also referred to as the stated rate. All of the answer choices are correct