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

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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