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GaryK [48]
3 years ago
11

Protective covenants: Group of answer choices a.only apply to bonds that have a deferred call provision. b.are primarily designe

d to protect bondholders. c.apply to short-term debt issues but not to long-term debt issues. d.only apply to privately issued bonds. are a feature found only in government-issued bond indentures.
Business
2 answers:
patriot [66]3 years ago
6 0

Answer: The correct answer is b) are primarily designed to protect bondholders.

Explanation:

A Protective Covenant is part of an indenture that limits certain actions a company may take during the term of the loan to protect the lender's interests.

They are restrictions placed on the firm issuing bonds in a bid to protect bondholders. For example; they can be limits on dividend or limits on debt a firm can cause.

tiny-mole [99]3 years ago
4 0

Answer:

B. are primarily designed to protect bondholders

Explanation:

Protective covenants are designed primarily to protect bondholders from future actions of bond issuer. They are also part of a loan agreement that limits certain actions a company may take during the course of the loan to protect the person who lend the money interests. They provide extra protection for the investors. Creditors use it to protect their interests by restricting certain activities of the issuer that could endanger the creditor's interest.

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An airline is considering a project of replacement and upgrading of machinery that would improve efficiency. The new machinery c
Brrunno [24]

$-9.48

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

NPV can be calculated using a financial calculator  

Cash flow = (revenue - cost - depreciation) (1 - tax rate) + depreciation

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

(400 - 0) / 5 = 80

(200 - 90- 80) x (1 - 0.32)  + 80 = $100.40

Cash flow in year 0 = $-400

Cash flow each year from year 1 to 5 = $100.40

I = 9%

NPV = $-9.48

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

3 0
3 years ago
What do researchers mean by "secondary data"? A. Data collected specifically for the researcher's own study B. Information from
Ne4ueva [31]

Answer:

B. Information from research already conducted for another purpose

Explanation:

7 0
1 year ago
The chart of accounts is designed to
SOVA2 [1]

Answer: The correct answer is b).meet the information needs of a company's managers and other users of its financial statements

Explanation: Chart of accounts refers to list of accounts of an organization. It shows at a spot how an organisation receives money and spends money.

Chart of accounts contains Assets, Liabilities, Income, Expenses and Equity.

3 0
3 years ago
Aiden just landed a new full time job with a great salary. He currently lives in Virginia, but his new job is in Oregon. One of
olasank [31]

Answer:

<u>benefit</u> in terms of monetary assistance for relocating as there will be huge cost incurred by Aiden in relocation, as this is also important to relocate as the distance is too much that daily travelling is not possible, and for him Oregon is a new city and finding an accommodation is itself challenging therefore, when company at-least reimburses such cost of relocation it turns easy and removes a burden for relocation. Further this cannot be considered as wage or perk as this is not regular in nature and will not occur permanently.

3 0
3 years ago
Career fulfillment means
ANTONII [103]

Answer:

enjoying your work and being well compensated

Explanation:

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2 years ago
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