A ________ is a restrictive provision in a bond indenture, providing for the systematic retirement of the bonds prior to their maturity

A) redemption clause
B) sinking-fund requirement
C) conversion feature
D) subordination clause


B

Business

You might also like to view...

On June 30, 2018, Dakota, Inc. showed the following data on the equity section of their balance sheet:


On July 1, 2018, the company declared and distributed a 11% stock dividend. The market value of the stock at that time was $20 per share. As a result of this stock dividend, what is the balance of Retained Earnings?
A) $770,580
B) $951,000
C) $981,780
D) $621,200

Business

"Variable costs are relevant and fixed costs are irrelevant." Explain why you agree or disagree with this statement

Business

List ways that an organization can sustain an effective culture.

What will be an ideal response?

Business

. What elements of car design did Tata change in order to produce their CVP?

a. product design b. manufacturing process c. service model d. all of these

Business