A bond that pays interest only when a firm has sufficient earnings to cover the interest payments is called a(n):
A. callable bond.
B. putable bond.
C. convertible bond.
D. income bond.
E. indexed bond.
Answer: D
You might also like to view...
There was "no sense of industry" for the Marketing Research industry in the 1950s
Indicate whether the statement is true or false
Company A has a ratio of liabilities to stockholders' equity of 1.31, Company B has a ratio of liabilities to stockholders' equity of 0.99, and Company C has a ratio of liabilities to stockholders' equity of 0.55 . Which company's creditors are at greatest risk?
a. Company C b. Company A c. Risk cannot be assessed based on this ratio. d. Company B
Claims related to product warranties, guarantees, or contractual conditions are typically ____ claims
a. persuasive b. inductive c. routine d. negative news
Which of the following is an invisible sign of culture?
A) An attorney wears a conservative suit to court. B) Christopher believes that adults need to be responsible for their actions. C) On their anniversary Matthew takes his wife to dinner. D) At every department meeting, the manager sits at the head of the conference table.