The legal document identifying the rights and obligations of both the bondholders and the issuer is called the bond ______. This

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3 years ago

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The legal document identifying the rights and obligations of both the bondholders and the issuer is called the bond ______. This

document describes the number of bonds authorized, their par value, and the contract interest rate. agreement document indenture article

Business

1 answer:

V125BC [204] · Answer 1 · 2022-04-25T04:26:20+03:00

Answer: indenture

Explanation:

The bond indenture is a legal contract that or covers a purchase obligation or a debt.

Therefore, the legal document identifying the rights and obligations of both the bondholders and the issuer is called the bond indenture. This document describes the number of bonds authorized, their par value, and the contract interest rate.