When a firm needs to raise money via a bond issue, one of the quickest ways is through a ________
This activity involves the purchase of a large block of securities by a large institutional investor such as a pension fund, an endowment fund, or an insurance company.
A) private placement.
B) public placement.
C) secondary offering.
D) none of the above.
A
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Dependent variables are variables that are manipulated by the researcher and whose effects are measured and compared
Indicate whether the statement is true or false
If two firms have the same yield to maturity on their publicly traded debt then the firm with the ________ will have a ________ after-tax cost of debt
A) lower tax rate; higher B) higher tax rate; higher C) shorter maturity of debt; higher D) longer maturity of debt; lower
Exhibit 11-05Wilson is preparing his tax returns using the MACRS convention. The following information relates to the purchase of an asset on January 1, Year 1.
MACRS Depreciation as a Percentage of the Cost of the AssetYear of Life3 5 7 10 1 33.33% 20.00% 14.29% 10.00% 2 44.45% 32.00% 24.29% 18.00% 3 14.81% 19.20% 17.49% 14.40% 4 7.41% 11.52% 12.49% 11.52% 5 11.52% 8.93% 9.22% 6 5.76% 8.92% 7.37% 7 8.93% 6.55% 8 4.46% 6.55% 9 6.56% 10 6.55% 11 3.28% ? Cost$ 105,000 Estimated Economic Life7 Estimated residual value$ 15,000 Depreciation for Financial Statementsstraight-line MACRS life5 MACRS Method200%-declining-balance ? ? Refer to Exhibit 11-05, what amount of depreciation would be recorded on the income tax returns for year 5? A. $6,048 B. $15,000 C. $12,096 D. $0
Walmart, Macy's, Nordstrom, and Toys "R" Us are examples of
A. manufacturers. B. merchant wholesalers. C. end-users. D. agents. E. retailers.