Which statement is true?
A. Bonds are generally called at par value.
B. A current list of all bondholders is maintained whenever a firm issues bearer bonds.
C. An indenture is a contract between a bond's issuer and its holders.
D. Collateralized bonds are called debentures.
E. A bondholder has the right to determine when his or her bond is called.
Ans: C. An indenture is a contract between a bond's issuer and its holders.
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