Sinking funds reduce the average life of a bond and thereby reduce the risk of a default.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Use of the Net Promoter Score:
A) offers little useful information unless accompanied by interview data. B) is not widely used, although has great potential. C) identifies the proportion of promoters and detractors. D) applies 5-point true-false scales.
What are the three ways to manipulate the costs of delay in negotiation?
What will be an ideal response?
Which element of the business model addresses what a firm provides that other firms do not and cannot?
A) revenue model B) competitive advantage C) market strategy D) value proposition
Which of the following quotes from a new product adopter would signal the need for a firm to counteract a value barrier?
A. "Big deal, the only difference is the shape of the package." B. "But it might make me fat." C. "I don't want to try this if it means I have to swallow it with milk." D. "What if I can't make the monthly payments?" E. "Sure I'll try it; why not!"