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erma4kov [3.2K]
3 years ago
15

A bond’s is generally $1,000 and represents the amount borrowed from the bond’s first purchase. • A bond issuer is said to be in

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 issues 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 called . • A bond’s gives the issuer the right to call, or redeem, a bond at specific times and under specific conditions. What is the coupon interest rate of this bond?
Business
1 answer:
mihalych1998 [28]3 years ago
5 0

Explanation:

1. A bond's face or maturity value is generally $1,000 and represents the amount borrowed from the bond's first purchaser.

2. A bond issuer is said to be in default 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.

3. A bond contract feature that requires the issuer to retire a specified portion of the bond issue each year is called a singing fund provision.

4. A bond's call provision gives the issuer the right to call, or redeem, a bond at specific time and under specific conditions.

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Answer:

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3 years ago
Jeff purchased​ $550 of goods and received credit terms of​ 5/15, n/30. How much did he pay if payment was made during the disco
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Answer:

$522

Explanation:

Calculation to determine How much did he pay if payment was made during the discount​ period

Amount paid =$550-(5%*$550)

Amount paid=$550-$28

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2 years ago
A firm has common stock with a market price of $25 per share and an expected dividend of $2 per share at the end of the coming y
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P0 = current price

G = growth rate

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