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.
World Population Growth
Relationship between Resource Use and Growth
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
One year ago, Christos bought 1000 units of the Dominion Aggressive Growth Fund at $20.35 per ...
Pollen Tube Growth
Shoot meristems in plant growth