Bonds are sold at a premium if the
a. issuing company has a better reputation than other companies in the same business.
b. market rate of interest was less than the face rate at the time of issue.
c. market rate of interest was more than the face rate at the time of issue.
d. company will have to pay a premium to retire the bonds.
b
You might also like to view...
Which of the following statements is true of a summary jury trial?
A) A summary jury trial lasts for more than two days. B) The jury is composed of ten people. C) The verdict delivered by the judge is final and binding. D) If a case goes to trial, nothing from the summary trial is admissible as evidence.
The allocation of supply sources and markets to facilities should be reconsidered on a regular basis so that
A) the allocation can be held constant as market conditions or plant capacities expand. B) the allocation can be changed as market conditions or plant capacities stagnate. C) the allocation can be held constant as market conditions or plant capacities change. D) the allocation can be changed as market conditions or plant capacities change.
A process layout problem consists of 4 departments, each of which can be assigned to one of four rooms. The number of different solutions to this problem is ________, although all of them may not have different material handling costs
A) 1 B) 4 C) 16 D) 24 E) unknown
How much will you have in a Roth IRA if you invest $5,000 a year for 35 years, if money earns 6
percent, and you make the investment at the beginning of each year? A) $451,601.54 B) $474,181.61 C) $557,173.89 D) $590,604.33