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

Author Question: If the sales growth rate is greater than zero, then the discretionary financing needed will also be ... (Read 68 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sarajane1989

  • Sr. Member
  • ****
  • Posts: 296
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





 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

For a complete list of videos, visit our video library