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Business, 24.10.2019 01:50 emilyscroggins794

Abond’scoupon payment refers to the interest payment or payments paid by a bond. • a bond issuer is said to be indefault if it does not pay the interest or the principal in accordance with the terms of the indenture agreement or if it violates one or more of the issue’s restrictive covenants. • the contract that describes the terms of a borrowing arrangement between a firm that sells a bond issue and the investors who purchase the bonds is calledan indenture . • a bond’scall provision gives the issuer the right to call, or redeem, a bond at specific times and under specific conditions.

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Abond’scoupon payment refers to the interest payment or payments paid by a bond. • a bond issuer is...
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