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Murrr4er [49]
2 years ago
11

New corporate bond issues in excess of $50,000,000 are:________.

Business
1 answer:
tamaranim1 [39]2 years ago
8 0

Answer: C. II and III

Explanation:

Under the Security Act of 1933, new corporate bond issues of such high amounts are not exempt from the Act and so need to be registered with the Securities and Exchange Commission (SEC).

Also, as the amount exceeds $50,000,000, the issue is subject to the Trust Indenture Act of 1939 which states that the issuer should include certain protective provisions that are recommended by the SEC in order to protect bondholders. The adherence to these covenants will then be monitored by an independent trustee that is to be appointed by the Issuer.

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<h3>What is an ethical dilemma?</h3>

In philosophy, ethical dilemmas—also known as ethical paradoxes or moral dilemmas—arise when an agent must choose between two competing moral obligations, none of which takes precedence. A definition that is similarly comparable describes ethical situations as ones where there is no right decision to be made.

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Read more on ethical dilemma here: brainly.com/question/3838938

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1 year ago
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2 years ago
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