You would typically find all but which one of the following in a bond contract?
A. A dividend restriction clause
B. A sinking fund clause
C. A requirement to subordinate any new debt issued
D. A price-earnings ratio
Answer: D
You would typically find all but which one of the following in a bond contract?
A. A dividend restriction clause
B. A sinking fund clause
C. A requirement to subordinate any new debt issued
D. A price-earnings ratio
Answer: D