A. trustee
B. trust department
C. monitoring department
D. indenture department
Related Mcqs:
- The holders of debentures receive their payments or bonds yields only after the holders of ___________?
A. registered debt holders
B. secured debt holders
C. unsecured debt holders
D. unregistered debt holders - The rules and regulations placed on bond holders and bond issuers are classified in _________?
A. bond covenants
B. private covenants
C. federal covenants
D. expansion covenants - The current selling price of the municipal bonds available to bond holders is used to calculate
A. yield to income tax
B. yield to municipal bonds
C. yield to tax rate
D. yield to revenue bonds - When characteristics of bonds are perceived as unfavorable or favorable to the holders of the bond, then differences of yield spread
A. must not changes
B. must changes
C. must be debited
D. must be credited - The type of provision which forces bond holders to sell bonds to issuer at value above than par is classified as ___________?
A. discount premium
B. discount provision
C. call premium
D. call provision - The bonds which are classified as junk bond status and have previously considered as investment grade bonds are called __________?
A. risen angel
B. fallen angel
C. fallen devil
D. risen devil - The value of conversion option to bond holder is $550 and the rate of return on non-convertible bond is $270 then rate of return on convertible bond is _________?
A. 0.0204
B. 2.04
C. 280
D. 820 - The call premium of bond is $560 and the call price of bond is $340 then face value of the bond is _________?
A. $1.65
B. $220
C. $900
D. $0.0165 - The call premium of bond is $760 and the call price of bond is $560 then face value of the bond is ________?
A. 200
B. 300
C. 1320
D. 0.0138 - The value of conversion option to bond holder is $220 and the rate of return on non-convertible bond is $350 then rate of return on convertible bond is _____________?
A. 570
B. 130
C. 670
D. 1.59
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