Free 3I0-010 Exam Braindumps (page: 13)

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Major amendments to a prospectus can be made:

  1. at the discretion of the issuer and after the launch
  2. only with the consent of the note holders
  3. always in the case of default payment
  4. only by the custodian with the consent of the issuer

Answer(s): B



A callable bond attributes a right to:

  1. the lead manager to acquire the entire issue
  2. the lead manager to acquire the entire issue and the issuer to redeem the note at specified dates
  3. the issuer to redeem agreed upon quantities of the note at specified dates
  4. the note holder to sell the notes at specified dates

Answer(s): C



What is a junk bond?

  1. an AAA-rated security in payment default
  2. a sub-investment grade instrument
  3. an OECD Government bond
  4. a bond typically paying lower yields than an investment grade instrument

Answer(s): B



A redemption premium for a bond is

  1. always paid in case of an early redemption
  2. paid, if stipulated in the prospectus, at an early redemption
  3. always paid at final maturity
  4. only paid if a bond is redeemed after its initially scheduled maturity

Answer(s): B






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