Business, 24.03.2021 22:10 alyssamaize
Phil has researched TLM Technologies and believes the firm is poised to vastly increase in value. He wants to invest in this company. Phil has decided to purchase TLM Technologies bonds so that he can have a steady stream of interest income. However, he still wishes that he could share in the firm's success along with TLM's shareholders. Which one of the following bond features will help Phil fulfill his wish?
a. put provision
b. positive covenant
c. warrant
d. crossover rating
e. call provision
Answers: 2
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