The trust company for a bond issue represents the
A)managers of the firm.
B)firm's shareholders.
C)firm's board of directors.
D)firm's bondholders.

Question

Quizplus · Accepted Answer

The trust company for a bond issue represents the firm's bondholders by ensuring that the terms of the bond are properly executed and the bondholders' interests are protected. The trust company acts as an intermediary between the firm and the bondholders, handling the payment of interest and principal, and providing a mechanism for communication and resolution of disputes.

The Trust Company for a Bond Issue Represents the