Which of the following provisions contained in bond indentures, each viewed alone, would tend to reduce the
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Question:
- Which of the following provisions contained in bond indentures, each viewed alone, would tend to reduce the yield to maturity investors would otherwise require on a newly issued bond?
- I) fixed assets are used as security;
- II) the bond is subordinated to other classes of debt; III) the bond is convertible to common stocks;
- IV) the bond has a sinking fund;
- V) the bond has a call provision.
- A) I, III and IV.
- B) I, II, III and IV. C) I, III, IV and V. D) all of the above.
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