This topic contains a solution. Click here to go to the answer

Author Question: If a corporation were to choose between issuing a debenture, a mortgage bond, or a subordinated ... (Read 33 times)

beccaep

  • Hero Member
  • *****
  • Posts: 535
If a corporation were to choose between issuing a debenture, a mortgage bond, or a subordinated
  debenture, everything else equal (such as coupon rate, maturity, etc.) which would sell for the
  greatest price?
 
  A) the mortgage bond
  B) the subordinated debenture
  C) the debenture
  D) All of the above types of bonds would sell for the same price.

Question 2

Your manufacturing firm has just secured a sale to the federal government with payment of 450,000 due in nine months.
 
  You have asked your bank for cash today with the stipulation that you will give the proceeds from the government contract to the bank in nine months. The bank has agreed to your request if you allow them to discount the cash flows at an annual rate of 8. How much will the bank pay you today under this agreement?
  A) 424,761
  B) 423,889
  C) 476,739
  D) 450,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mceravolo

  • Sr. Member
  • ****
  • Posts: 349
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.
Answer Preview
Only 56% of students answer this correctly




beccaep

  • Member
  • Posts: 535
Reply 2 on: Jul 10, 2018
Excellent


carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

For a complete list of videos, visit our video library