Examlex
Which of the following statements is true?
Call Price
The price at which a callable bond or security can be redeemed by the issuer before its maturity.
Negative Covenants
Provisions in a loan agreement that restrict certain actions of the borrower to protect the lender's interests.
Bond Indenture
A legal contract detailing the terms and conditions under which a bond is issued, including interest rates, maturity dates, and issuer obligations.
Sinking Fund
A fund set aside by a corporation for the purpose of repaying debt or buying back shares, to ensure financial stability and investor confidence.
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