Negative covenants Study guides, Class notes & Summaries

Bond Indenture - Answer- Contract that specifies all the rights and obligations of the issuer and owners of a fixed income security. Negative Covenants - Answer- Prohibitions on the borrower. Affirmative Covenants - Answer- Actions that the borrower promises to perform. Maturity or Term to Maturity - Answer- Length of time until loan contract or agreement expires. Remaining life of bond. Par Value - Answer- Amount borrower promises to pay on or before maturity date. Coupon Rate - ...

1. SHV Share price + Dividends 2. How do you in- crease Earnings Per Share (EPS)? Increase net income 3. Revenues -Sales -Goods or services sold 4. Gross profit -Gross income -Gross earnings -Gross margin 5. Operating in- come 6. Income before taxes (IBT) -Operating profit -Earnings before interest and tax (EBIT) -Income before interest and taxes (IBIT) -Earnings before taxes (EBT) -Profit before taxes (PBT) 7. Net income (NI) -Earnings after taxes (EAT) -Profit after t...

Bond Indenture - Answer- Contract that specifies all the rights and obligations of the issuer and owners of a fixed income security. Negative Covenants - Answer- Prohibitions on the borrower. Affirmative Covenants - Answer- Actions that the borrower promises to perform. Maturity or Term to Maturity - Answer- Length of time until loan contract or agreement expires. Remaining life of bond. Par Value - Answer- Amount borrower promises to pay on or before maturity date. Coupon Rate - ...

Secured Loan some type of asset is being used as collateral Unsercure Loan not backed by a specific asset Bond primary means of money borrowed in the corporate world; it is a debt agreement w/investors & savers that obligates the corporation to make certain payments- a fixed income sercurity; stream of annual/semi-annual interest payments and a final principle w/interest payment Fixed- income securities pay a fixed interest rate each year Par value face value: the sum of money that t...

CFA LEVEL 1 FIXED INCOME EXAM QUESTIONS WITH CORRECT ANSWERS 100% 2024

6 types of private equity - Answer Equity PE - venture capital - buyouts - merchant banking Debt PE - mezzanine debt (debt / equity hybrid for middle market companies) - distressed debt - leveraged loans (noninvestment grade LIBOR + 1.25% Criteria for distressed debt - Answer Equal to CCC / Caa or lower Yielding 10% more than the risk-freer rate Market price less than 50% par 4 Types of covenants - Answer Positive Negative Incurrence Maintenance Business Development Co...

CFA LEVEL 1 FIXED INCOME EXAM QUESTIONS WITH CORRECT ANSWERS 100% 2024

WGU C214 Financial Mgmt Pass the OA Exam, With Complete Solution 2023 Characteristics of preferred stock includes -dividends in arrears -dividends are cumulative -higher payoff claim in a BK (has first dibs in a BK) -considered "hybrid" (part stock/part bond) -no fixed maturity date -no voting rights -can skip dividend payments -dividends don't change year-after-year -used in start ups (IPO) Preferred stock dividends can go without payment and pay in arrears the following year ...

A and S incorporated MSB Inc each with 50% of the shares. What is the minimum number of directors required? - 1 director is required if the company is not an offering corporation. A bachelor dies owning a home which he leaves to his sister. Before the transfer what must happen? - to transfer property to a beneficiary the executor must first obtain a CRA clearance certificate and a certificate of appointment obtained. A bank accepts a power of attorney and relies on its validity when releasi...

Fixed Income HW and Test Banks (Answered) Complete Solution These are legally enforceable rules that borrowers and lenders agree on at the time of a new bond issue. What are these rules called? a. Collateral b. Covenants c. Seniority ranking d. Credit enhancement b. Covenants The provision that provides bondholders the right to sell the bond back to the issuer at a predetermined price prior to the bond's maturity date is referred to as: a. a put provision b. a call provision c...