An unsecured long-term corporate loan is called a ________
A) bond
B) note
C) debenture
D) share
C
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Which of the following is true of a share exchange?
A) The subsidiary corporation ceases to exist after the share exchange. B) The legal existence of both corporations is retained after the exchange. C) The shares of both parent and subsidiary corporations are divided equally between themselves. D) The subsidiary corporation can have a maximum of three shareholders in the exchange.
Punctuate the sentence correctly. Caleb said that he would be glad to help me
What is the likelihood that there aren't enough customers making purchases or waiting in line to form a barbershop quartet?
A) 0.33 B) 0.30 C) 0.25 D) 0.20
Petty Productions Inc. recently issued 30-year $1,000 face value, 12% annual coupon bonds. The market discount rate for this bond is only 7%. What is the current price of this bond?
A) $387.59 B) $597.24 C) $1,000.00 D) $1,620.45