For Proposal 1, the cash flow pattern for the expansion project is ________. (See Table 11.2)
A) a mixed stream and conventional
B) a mixed stream and nonconventional
C) a perpetuity and conventional
D) an annuity and nonconventional
Question 2
________ are commonly issued in the reorganization of a failed or failing firm.
A) Floating rate bonds
B) Income bonds
C) Mortgage bonds
D) Equipment trust certificates