An unsecured long-term bond is known as a(n)
A) bondenture.
B) indenture.
C) debenture.
D) abdenture.
Answer: C
You might also like to view...
Nahanni Treasures Corporation is planning a new common stock issue of five million shares to fund a new project. The increase in shares will bring the number of shares outstanding to 25 million. Nahanni's long-term growth rate is 6 percent, and its current required rate of return is 12.6 percent. The firm just paid a $1.00 dividend, and the stock sells for $16.06 in the market. On the announcement of the new equity issue, the firm's stock price dropped. Nahanni estimates that the company's growth rate will increase to 6.5 percent with the new project, but as the project is riskier than average, the firm's required return on stock will increase to 13.5 percent. Using the constant growth dividend discount model, what is the change in the equilibrium stock price?
A. -$1.77 B. -$1.06 C. -$0.85 D. -$0.66 E. -$0.08
Weafer Inc. reported the following results from last year's operations: Sales$14,000,000Variable expenses 9,560,000Contribution margin 4,440,000Fixed expenses 3,740,000Net operating income$ 700,000Average operating assets$7,000,000Last year's margin was closest to:
A. 10.0% B. 31.7% C. 5.0% D. 73.3%
Which task is at the lowest level of the WBS?
a. variance b. work package c. objective d. deliverable
Social media brings the human element into advertising and marketing.
Answer the following statement true (T) or false (F)