The Trustee's Job as Agent for the Bondholders Is To

Multiple Choice

The trustee's job as agent for the bondholders is to:

A) represent the bondholders if the company defaults, manage any sinking fund, and see that the indenture terms are obeyed.
B) advise the company on debt disposition, manage any sinking fund, and minimize indenture covenants.
C) represent the bondholders if the company defaults, call the bond issue and minimize indenture covenants.
D) advise the company on debt disposition, call the bond issue and see that the terms of the indenture are obeyed.