This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the sales growth rate is greater than zero, then the discretionary financing needed will also be ... (Read 109 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
on: Jul 10, 2018
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.
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
Buy Test-Bank


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
Reply #1 on: Jul 10, 2018
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


bcretired

  • Hero Member
  • *****
  • Posts: 525
Reply #2 on: Jul 10, 2018
TY


sarajane1989

  • Sr. Member
  • ****
  • Posts: 296
Reply #3 on: Jul 10, 2018
Happy to Help


« previous next »
 

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Acceptable ranges of heart rate Acceptable ranges of heart rate
Growth in Cold and Cool Clouds Growth in Cold and Cool Clouds
How to convert units of any rate to another (Part 2) How to convert units of any rate to another (Part 2)
0.300 moles of sodium nitrite are needed for a reaction. The solution is 0.450 M. How many mL ... 0.300 moles of sodium nitrite are needed for a reaction. The solution is 0.450 M. How many mL ...
The Salter-Harris System of Classifying Growth-Plate Injuries. The Likelihood of a Permanent Growth- The Salter-Harris System of Classifying Growth-Plate Injuries. The Likelihood of a Permanent Growth-
Primary growth in a root Primary growth in a root
Video: Hydrogen bonds - role in the body

For a complete list of videos, visit our video library