Of the Following Provisions That May Be Found in a Bond

question 78

Multiple Choice

Of the following provisions that may be found in a bond indenture, which would tend to reduce the coupon interest rate?

• A) a call provision
• B) no restrictive covenants
• C) a sinking fund provision
• D) change in bond rating from Aaa to Aa
• E) an indenture provision

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Definitions:

Levator Scapulae

A muscle in the back and neck that elevates the scapula (shoulder blade).

Retract

To draw back or in, often referring to the withdrawal of a statement or pulling a part of the body away from an anterior position.

Elevate

To lift something up or to raise to a higher position or level.

Lateral Epicondyle

The Lateral Epicondyle is a bony prominence on the outer side of the elbow, to which the tendons of the muscles that extend the wrist and fingers are attached.