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Author Question: If the sales growth rate is greater than zero, then the discretionary financing needed will also be ... (Read 98 times)

bcretired

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on: Jul 10, 2018
If the sales growth rate is greater than zero, then the discretionary financing needed will also be
  greater than zero.
 
  Indicate whether the statement is true or false

Question 2

Pentrax Corp issued 25 year bonds in 2002 with a coupon rate of 6 and a face value of 1,000. The
  bonds sold for face value when issued. Since 2002, interest rates have increased, so the going rate
  on similar bonds is now 9.
 
  Which of the following statements is MOST accurate?
  A) Pentrax Corp. must now pay bondholders interest payments of 90 per year due to the
  increase in interest rates.
  B) An investor who purchased an Pentrax bond in 2002 and plans to keep the bond until it
  matures expects to earn 6 per year over the life of the bond.
  C) An investor who purchased an Pentrax bond in 2002 and plans to keep the bond until it
  matures expects an increase in return from 6 per year to 9 per year.
  D) The price of an Pentrax Corp. bond should be higher than 1,000 due to the increase in rates.
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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sarajane1989

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Reply #1 on: Jul 10, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bcretired

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Reply #2 on: Jul 10, 2018
TY


sarajane1989

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Reply #3 on: Jul 10, 2018
Happy to Help


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