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NEW QUESTION: 1
The indenture includes all these covenants that protect the beholder EXCEPT:
A. Debt service reserve covenant
B. none of these
C. Rate covenant
D. Flow of funds covenant
Answer: B
NEW QUESTION: 2
[According to the PRMIA study guide for Exam 1, Simple Exotics and Convertible Bonds have been excluded from the syllabus. You may choose to ignore this question. It appears here solely because the Handbook continues to have these chapters.] What is the current conversion premium for a convertible bond where $100 in market value of the bond is convertible into two shares and the current share price is $50?
A. 0
B. 1
C. None of the above
D. 0.5
Answer: B
Explanation:
Explanation
Since $100 is convertible into two shares, the price upon conversion per share is $50, which is the same as the current share price. Therefore there is no premium, and Choice 'c' is the correct answer.
NEW QUESTION: 3
You execute a statement inside a transaction to delete 100 rows from a table. The transaction fails after only 40 rows are deleted.
What is the result in the database?
A. The table will be corrupted.
B. The transaction will restart.
C. No rows will be deleted from the table.
D. Forty (40) rows will be deleted from the table.
Answer: C