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Business, 27.11.2019 06:31 jech3947

Under normal conditions, which of the following would be most likely to increase the coupon rate required to enable a bond to be issued at par? a. making the bond a first mortgage bond rather than a debenture. b. adding additional restrictive covenants that limit management's actions. c. the rating agencies change the bond's rating from baa to aaa. d. adding a sinking fund. e. adding a call provision.

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