What are the reasons for issuing bonds rather than using a bank loan?
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Q2: What is a "covenant"?
A)Guarantee of the price
Q10: Which statement best explains a "leveraged buyout"?
A)A
Q16: Which statement is correct about financial leverage?
A)Leverage
Q18: Why do bonds often include covenants?
A)To reduce
Q21: What are positive and negative covenants? Give
Q22: Why do lenders avoid lending large amounts
Q23: Contrast the two methods used by investment
Q25: What is the market rate?
A)Price of bond
Q30: What is the "best efforts" approach?
A)Broker's guarantee
Q37: What are "callable bonds"?
A)Bonds that have cash
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