Bond indenture provisions would not benefit bondholders

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Reference no: EM131328157

This bond indenture provisions would not benefit bondholders:

The firm’s fixed assets are used as security for a bond

The bond has a call provision

The bond can be converted into the firm's common stock

The bond has a sinking fund

The indenture contains covenants that restrict the use of additional debt.

Reference no: EM131328157

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