An indenture is A the written record of all the holders of a bond issue B a

An indenture is a the written record of all the

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34.An indenture is:A. the written record of all the holders of a bond issue.B. a bond that is secured by the inventory held by the bond's issuer.C.the legal agreement between the bond issuer and the bondholders.35.Bonds issued by the U.S. government:36.Which one of the following statements concerning bond credit ratings is correct? C Junk bonds are the lowest credit rated investment grade bonds.37.The liquidity preference hypothesis of the term structure of interest rates argues that long-term rates must be ________ than short term rates due to _________. 38.As interest rates change, present values change:A.DirectlyB.There is not connection between interest rates and present values.C.Inversely
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39.A bond that can be paid off early at the issuer's discretion is referred to as being which one of the following?40.A credit card has an annual percentage rate (APR) of 12.9 percent and charges interest monthly. The effective annual rate on this account: 41.The discount rate in discounted-cash-flow analysis represents:42.The term structure of interest rates refers to the relationship between:A.Risk and time.B.Liquidity and risk.C.Yield and maturity.43.A graphic presentation of the term structure of interest rates is called:44.Debt is typically classified by all of the following except:45.A bond indenture fixes which one of the following?46.Agency costs refer toA.the costs that result from default and bankruptcy of a firm.B.the total interest paid to creditors over the lifetime of the firm.C.the costs of any conflicts of interest between stockholders and management47.The bond rating agencies, such as S&P and Moody’s Investor Services evaluate:
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