Question: 1. An indenture is: A. another name for a bond's coupon. B. the legal agreement between the bond issuer and the bondholders. C. a bond

1. An indenture is:

A. another name for a bond's coupon.

B. the legal agreement between the bond issuer and the bondholders.

C. a bond that is secured by the inventory held by the bond's issuer.

D. a bond that is past its maturity date but has yet to be repaid.

E. the written record of all the holders of a bond issue.

2. Kaiser Industries has bonds on the market making annual coupon payments, with 14 years to maturity, and selling for $1,382.01. At this price, the bonds have a yield to maturity of 5.9 percent. What is the dollar amount of annual coupon?

A. $99.47

B. $59.00

C. $100.39

D. $40.69

E. $99.84

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