25. The smallest firms listed on NASDAQ are in the NASDAQ _____ Market. 26. The annual interest on a bond divided by the bond’ s market price is called the:
27. Star Industries has one outstanding bond issue. An indenture provision prohibits the firm from redeeming the bonds during the first two years. This provision is referred to as a _____ provision.
28. Which of the following is true regarding bonds? 29. Which of the following best describes a floating-rate bond? 30. Which of the following are not true regarding convertible bonds? Select all that apply: 31. In a general partnership, each partner is personally liable for.. 32. Trademarks are classified as /:
33. Explain agency theory. Provide an example of a potential agency problem for a corporation, and identify means by which the firm can help reduce or eliminate that problem.
34. How can we apply the concept of time value of money in evaluating a mortgage? Present at least two scenarios. Briefly explain your rationale
35. Why do firms use protective covenants? Provide two or three examples of protective covenants, and explain how these covenants increase or decrease risk
36. What are some of the features of zero-coupon bonds that make them attractive to certain investors? Which type of investors will be most interested in these bonds?