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Author Question: When an investor buys a corporate bond A) the face value of the bond is equal to what the ... (Read 147 times)

BRWH

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When an investor buys a corporate bond
 
  A) the face value of the bond is equal to what the investor paid for the bond.
  B) the investor becomes part owner of the corporation.
  C) the principal of the bond is a loan to the corporation.
  D) the interest made on the bond represents the bondholder's limited liability in the company.

Question 2

The free rider problem refers to a situation in which
 
  A) the marginal cost of allowing additional consumers to consume a public good is zero.
  B) high income individuals subsidize the production of goods, such as education, that make society better off.
  C) people consume a pure public good without payment, even though the good may not be produced if no one chooses to pay.
  D) markets fail to allocate resources efficiently when benefits outweigh costs.


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macagnavarro

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BRWH

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Reply 2 on: Jun 29, 2018
Excellent


ebonylittles

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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