When a bond is issued, what are the terms of the lending agreement kno
QUESTION
When a bond is issued, what are the terms of the lending agreement known as?
A) term-loan agreement
B) indenture terms
C) promissory note terms
D) commercial paper terms
E) revolving credit agreement
ANSWER
Answer: B
Explanation: B) The terms of the lending agreement when a bond is issued are known as indenture terms.
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