Multiple Choice
Which one of these definitions is correct?
A) Negative covenant: a "thou shalt" agreement
B) Premium bond: bond that sells for less than face value
C) Dirty price: market price,excluding accrued interest
D) Call provision: issuer's right to repurchase a bond prior to maturity
E) Unfunded debt: long-term corporate debt
Correct Answer:
Verified
Correct Answer:
Verified
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