________ have a short maturities, typically one to five years, ...

[altibaby]

________ have a short maturities, typically one to five years, and which can be renewed for a similar period at the option of their holders.
 
  A) Floating rate bonds
  B) Extendible notes
  C) Putable bonds
  D) Junk bonds

Question 2

For Proposal 2, the book value of the existing asset at the end of the fifth year is ________. (See Table 11.2)
 
  A) 13,600
  B) 34,400
  C) 66,400
  D) 80,000

[Tonyam972]

Answer to Question 1

B

Answer to Question 2

A