Which of the following is generally considered an advantage of term loans over publicly issued bonds??
A. ?Higher flotation costs
B. Speed, or how long it takes to bring the issue to the market?
C. ?Fixed bond terms after the bond has been issued
D. ?Regular interest and principal payments on specified dates
E. ?Standard terms of issue requiring no negotiation between the borrowing firm and the financial institution
Answer: B
You might also like to view...
A form of law based on a broad set of legal principles and where decisions are made based on legal codes that have been written over time is:
A) moral law B) theocratic law C) civil law D) common law
The leader of your club is a fun person. She sets up a great atmosphere at meetings and events, but your club never really gets any work done and accomplishes few of its stated goals. This leadership style can most accurately be plotted where on the Leadership Grid?
A. 7, 2 B. 5, 4 C. 2, 8 D. 9, 9
Which of the following classifications represents the largest number of shares?
A) Authorized shares. B) Outstanding shares. C) Treasury shares. D) Issued shares.
A retail buyer purchases an amount equal to planned sales plus a basic stock in the _____ method
a. weeks' supply b. basic stock c. percentage variation d. stock-to-sales