a. What is a bond indenture? b. What are covenants? What are the two general categories of
Question:
a. What is a bond indenture?
b. What are covenants? What are the two general categories of covenants?
c. Why do companies issue bonds instead of borrowing from a bank?
d. How do companies normally sell a new bond issue to the investing public?
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a A bond indenture is a contract between a bond issuer and a bondholder that sets forth the t...View the full answer
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