Question: Will the following changes in bond terms increase or decrease the bonds value to investors? Change the par value from $1,000 to $800 Collateralize the

Will the following changes in bond terms increase or decrease the bonds value to investors?

Change the par value from $1,000 to $800

Collateralize the bond with firm property and equipment

Give the bond seniority status over the firms other bonds

Add in a call provision giving the firm the option to buy back the debt after 3 years

Add in protective covenants forcing the company to keep a certain amount of cash on hand

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