If a company enters bankruptcy court, bondholders should realize ____
A. subordinated debt is paid off at face value
B. convertible debt is superior because it may be converted into common stock
C. bondholders may lose their investments
D. stockholders have the superior position
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The The document stating the terms of a bond is the indenture. ()
The The highest credit rating is triple A. ()
Bonds may not be repurchased by the firm prior to maturity. ()
An An investor may anticipate that a bond will be called if interest rates have risen. ()