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Write down three features of the bond pertinent to the following indenture. (3 marks) 5000 5000 HV 221 DILLINGHAM CORPORATION RW 221 CONVERTIBLE SUBORDINATED DENTURE

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Write down three features of the bond pertinent to the following indenture. (3 marks) 5000 5000 HV 221 DILLINGHAM CORPORATION RW 221 CONVERTIBLE SUBORDINATED DENTURE DUE APRE ** VELOS 9%% DUE 1939.- 9%% DUE 1990 CUP SA WEWNO TROLL . (b) If the bond were sold for $1.200, determine its current yield. (2 marks) Write down three features of the bond pertinent to the following indenture. (3 marks) 5000 5000 HV 221 DILLINGHAM CORPORATION RW 221 CONVERTIBLE SUBORDINATED DENTURE DUE APRE ** VELOS 9%% DUE 1939.- 9%% DUE 1990 CUP SA WEWNO TROLL . (b) If the bond were sold for $1.200, determine its current yield. (2 marks)

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