Suppose a company issued 30-year bonds 4 years ago, when the yield curve was inverted. Since then long-term rates (10 years or longer) have remained constant, but the yield curve has resumed its normal upward slope. Under such conditions, a bond refunding would almost certainly be profitable.
Answer the following statement true (T) or false (F)
False
Rationale: False. Since long-term rates have not fallen, the yield on new bonds would be the same as the coupon rate on the old bonds, hence there would be no interest savings to offset the call premium and the new flotation costs.
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Soledad and Winston are partners who share income in the ratio of 1:3 and have capital balances of $100,000 and $140,000 at the time they decide to terminate the partnership. After all noncash assets are sold and all liabilities are paid, there is a cash balance of $130,000 . What amount of loss on realization should be allocated to Winston?
a. $110,000 b. $97,500 c. $42,500 d. $82,500
Answer the following statements true (T) or false (F)
1. In the past, NGOs would focus their efforts on influencing business activities directly; increasingly, they are focusing on influencing government policies regarding business. 2. An NGO in Canada is attempting to influence consumers to consider the purchase of fair trade products as Christmas gifts. Support for alternative product sources is a tactic of NGOs. 3. There has been a shift in recent years to indirectly influencing corporations through other stakeholders, for example shareholders, consumers, or suppliers. 4. NGOs can confer legitimacy on government actions. 5. NGOs are in agreement that free trade is damaging for the developing nations.
"Anchored" means that the scale has a very high score on one end
Indicate whether the statement is true or false
One dimension of an intractable conflict is ________-the degree to which the conflict invades the social and private lives of people.
Fill in the blank(s) with the appropriate word(s).