ACCOUNTING II (MUHASEBE II) - (İNGİLİZCE) Dersi Long Term Liabilities soru detayı:

PAYLAŞ:

SORU:

What is a bond indenture and what does it promise?


CEVAP:

The bond indenture is a contract or loan agreement under which the bonds are issued. A bond indenture deals with matters such as the interest rate, maturity date and maturity amount, possible restrictions on dividends, repayment plans, and other provisions relating to the debt. A bond indenture represents a promise to pay:
1. a sum of money at a designated maturity rate, plus
2. periodic interest at a specified rate on the maturity amount (face value)