growth small cap blue chip
Question 13. Question:( TCO 5) One option for long-term corporate financing is equity financing, and this is a popular choice because
a lender is always available to provide this type of financing. it does not cost anything to sell in the primary market. repayment doesn ' t have to be made for 10 years or more. only interest must be paid for the first 5 years. it does not have to be repaid.
Question 14. Question:( TCO 5) Assume that you purchased a $ 1,000 Exxon bond that pays 8.5 % interest. What is the amount of interest you would receive every 6 months?
$ 42.50 $ 8.50 $ 85 $ 4.25 $ 1,000
Question 15. Question:( TCO 5) What is the approximate market value for a $ 1,000 corporate bond that pays 7 % interest when comparable bonds are paying 8 % interest?
$ 800