To be effective issuing and investing in bonds, knowledge of their terminology, characteristics, and features is essential

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To be effective issuing and investing in bonds, knowledge of their terminology, characteristics, and features is essential. For example: A bond's is generally $1,000 and represents the amount borrowed from the bond's first purchaser. A bond issuer is said to be in if it does not pay the interest or the principal in accordance with the terms of the indenture agreement or if it violates one or more of the issue's restrictive covenants. A bond contract feature that requires the issuer to retire a specified portion of the bond issue each year is called a A bond's gives the issuer the right to call, or redeem, a bond at specific times and under specific conditions. Suppose you read an article about the Golden Gate Bridge and Highway District bonds. It includes the following information: What is the maturity date of this bond? If the price of the bond is initially discounted and offers no coupon payments, the bond is called a bond. The contract that describes the terms of a borrowing arrangement between a firm that sells a bond issue and the investors who purchase the bonds is called the Which term is used to describe a call provision in which the issuer is prevented from calling a portion or the entire issue for several years during the early years of the bond issue? Delayed call provision Deferred call provision Sinking fund provision