A bond differs from a term loan in that:?

A. a bond issue is negotiated between a financial institution and an investor.?
B. ?a bond is sold to a financial institution only.
C. ?a bond is offered to the public at a variable coupon rate.
D. ?a bond has a high issuance cost.
E. ?a bond involves minimal formal documentation.


Answer: D

Business

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Manufacturing costs incurred for jobs completed during an accounting period can bypass the inventory accounts on the balance sheet and be recorded directly in expense accounts.

Answer the following statement true (T) or false (F)

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Kate dies owning a passive activity with an adjusted basis of $100,000 . Its fair market value at that date is $130,000 . Suspended losses relating to the property were $45,000

a. The heir's adjusted basis is $130,000, and Kate's final deduction is $15,000. b. The heir's adjusted basis is $130,000, and Kate's final deduction is $45,000. c. The heir's adjusted basis is $100,000, and Kate's final deduction is $45,000. d. The heir's adjusted basis is $175,000, and Kate has no final deduction. e. None of the above.

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Which nonforfeiture option provides coverage for the longest period of time?

A Extended term B Paid-up option C Accumulated at interest D Reduced paid-up

Business

Collecting data over time using a panel of participants cannot be used with ________ surveys?

A. online B. computer-administered telephone C. telephone D. mail E. intercept

Business