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The____is the legal agreement that provides the specific terms of a loan agreeme

ID: 2748619 • Letter: T

Question

The____is the legal agreement that provides the specific terms of a loan agreement. Mortgage Debenture Indenture Prospectus A(n) ______ is a bond secured by a lien on real property Mortgage bond Subordinated debenture Eurobond Coupon bond When bond prices are quoted, they are generally expressed at Par Value Face Value A percentage of par value Current yield The current interest rate can also be called the yield to maturity. the coupon interest rate the expected rate of return the risk premium a and c

Explanation / Answer

The DEBENTURE is the legal agreement tha provides the specific terms of a loan agreement

An MORTAGE BOND is a bond secured by a lien on real property

When bond prices are quoted,they are generally expressed at PAR VALUE

The current interest rate is also called as A and C