SIE Exam Question 993: Answer and Explanation

Question: 993

An indenture agreement describes the terms and conditions of a bond, including which of the following?

• A. Call provisions
• B. Description of collateral
• C. How coupon payments are determined
• D. All of the above are correct.

Correct Answer: D

Explanation:

An indenture agreement describes the terms and conditions of a bond, including call provisions, description of collateral, and how coupon payments are determined.