# Question 16 4 pts A bond indenture is a requirement that states the bond in question...

###### Question:

Question 16 4 pts A bond indenture is a requirement that states the bond in question must be paid off in quarterly installments. e a contract between the corporate board of directors and the bondholders, stating that the board is indentured (ie, bound) to the bondholders in case of default by the corporation. a promise to bondholders to substitute preferred stock amount for the bond amount in case of corporate default. a contract between the bondholders and the corporation issuing the bonds.
Question 15 4 pts When a corporation is in default and is forced into bankruptcy, bondholder claims on corporate assets for satisfaction of amounts due them are ranked ahead of common stockholders but after preferred stockholders' claims are satisfied. ahead of preferred stockholder claims but after common stockholders' claims are satisfied. ahead of both common stockholders' claims and preferred stockholders' claims. after both common stockholders' claims and preferred stockholders' claims are satisfied
The option to call a callable bond rests with O the bondholder. o the issuing corporation. either the bondholder or the issuing corporation, depending on the circumstances surrounding the issuance of the bond. the Securities and Exchange Commission.

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