Corporate Bonds - Unit 4 Flashcards
1
Q
What is the nominal yield of a bond?
A
That interest stated on the face of the bond is the nominal yield.
2
Q
What does the term indenture refer to?
A
The terms of the loan (a bond is a debt security, therefore a loan too a company, et al).define
3
Q
How long do rights (right to exercise and purchase more stock) last (the longest?
A
30-45- days the most
