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Which statement is true? Bonds are generally called at par value. A current list of all bondholders is maintained whenever a firm issues bearer bonds. An indenture is a contract between a bond's issuer and its holders. Collateralized bonds are called debentures. A bondholder has the right to determine when his or her bond is called.

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Answer:

The correct answer is letter "B": An indenture is a contract between a bond's issuer and its holders.

Step-by-step explanation:

An indenture is a legally binding contract between the issuer and the holders of bonds. The Indenture is used to settle any disputes between the parties concerned. Every bond requires an indenture. The applicable terms of the contract are outlined in an indenture.

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