However he still wishes that he could share in the firms


Phil has researched TLM Technologies and believes the firm is poised to vastly increase in value. He wants to invest in this company. Phil has decided to purchase TLM Technologies bonds so that he can have a steady stream of interest income. However, he still wishes that he could share in the firm's success along with TLM's shareholders. Which one of the following bond features will help Phil fulfill his wish?

put provision
positive covenant
warrant
crossover rating
call provision

 

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: However he still wishes that he could share in the firms
Reference No:- TGS0626938

Expected delivery within 24 Hours