BEC Financial Management Review 17

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Author:
Joens1313
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300439
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BEC Financial Management Review 17
Updated:
2015-04-11 00:21:02
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BEC Financial Management Review 17
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BEC Financial Management Review 17
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  1. What is a term loan?
    a term loan is a contract involving a borrower who agrees to make principal and interest payments to a lender on specified dates.
  2. a ------------ is a contract involving a borrower who agrees to make principal and interest payments to a lender on specified dates.
    a term loan is a contract involving a borrower who agrees to make principal and interest payments to a lender on specified dates.
  3. What is an indenture?
    an indenture defines the rights and obligations of bondholders and the issuer.
  4. an ----------------------defines the rights and obligations of bondholders and the issuer.
    an indenture defines the rights and obligations of bondholders and the issuer.
  5. a ------------------ represents the bondholders in ensuring the indenture terms are fulfilled.
    a trustee represents the bondholders in ensuring the indenture terms are fulfilled.
  6. who is the trustee of a bond?
    a trustee represents the bondholders in ensuring the indenture terms are fulfilled.
  7. a --------------------------- is a provision in an indenture or term loan contract that requires the debtor to meet certain financial standards.
    a restrictive covenant is a provision in an indenture or term loan contract that requires the debtor to meet certain financial standards.
  8. What is a restrictive covenant?
    a restrictive covenant is a provision in an indenture or term loan contract that requires the debtor to meet certain financial standards.
  9. What is another name for a debenture bond?
    a junk bond
  10. what is a debenture bond?
    a debenture bond is unsecured in other words the bond holders are general creditors
  11. a ------------------- bond is unsecured in other words the bond holders are general creditors
    a debenture bond is unsecured in other words the bond holders are general creditors
  12. What is a mortgage bond?
    mortgage bonds are bonds with specified real assets as collateral or security for the bond holder.
  13. ------------------- bonds are bonds with specified real assets as collateral or security for the bond holder.
    mortgage bonds are bonds with specified real assets as collateral or security for the bond holder.

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