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Genrish500 [490]
2 years ago
13

The legal contract between the bondholders and the issuer is called the bond ______.

Business
1 answer:
Simora [160]2 years ago
4 0

The legal contract between the bondholders and the issuer is called the bond <u>indenture.</u>

A bond indenture is important as it helps to protect the interest if the stakeholders and also lowers the chance of default.

It should be noted that the indenture list provides the details of a bond. It helps in ensuring transparency. Therefore, the legal contract between the bondholders and the issuer is called the bond indenture.

Read related link on:

brainly.com/question/25562729

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Answer:

Ratio will be 0.92

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