If a $5,000 coupon bond has a coupon rate of 13 percent, then the coupon payment every year is
A) $650.
B) $1,300.
C) $130.
D) $13.
E) None of the above.
A
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The party that has the right to exercise a call option on callable bonds is:
A. The bond trustee. B. The bond issuer. C. The bondholder. D. The bond indenture. E. The bond underwriter.
The fishing lures produced by Fun Lite Corporation are unique in that they are handcrafted. Advertising by the company emphasizes the point that how its lures, unlike others, are all handcrafted. This feature is the company's:
a. publicity objective. b. marketing differentiator. c. competitive advantage. d. one-to-one marketing advantage.
The managers at Camphor Plastics decided that their firm needed to diversify because of overall falling sales and lower performance in one sector. How does diversifying compensate for the lackluster performance in this sector?
A. by having higher performance in another sector B. by increasing the firm's risk in another sector C. by motivating managers D. by sharing their market power
An employment contract of indefinite duration is: ______
A) terminable at will by the employer. B)terminable at will by the employee. C)terminable at will by both the employer and the employee. D)invalid.