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The indenture is a legal document which:

a. outlines the rights and responsibilities of corporate shareholders.

b. describes the conditions under which the shareholders can hold a special election to replace the current board of directors.

c. outlines the primary rights of the senior management of a firm regarding their ownership of either debt or equity in the firm.

d. outlines the terms and provisions of a bond issue.

e. describes the conditions necessary before bond interest or stock dividends can be paid.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92424730

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