?The sinking fund provision requires a firm to:
A. ?issue bonds every year to finance interest payment on bonds.
B. ?retire a portion of the bond issue each year.
C. ?increase the coupon rate by one percent every year.
D. ?use annual interest payments for the repayment of bonds.
E. ?gradually reduce the face value of debt to the level of market value of debt.
Answer: B
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Darrell owns a parcel of land that is encumbered by a mortgage held by the First National Bank. Darrell agrees to sell the land to Paul for $50,000 . Darrell and Paul together go to the First National Bank to discuss the sale and purchase with the banker. Darrell, Paul, and the banker sign an agreement stating that Paul will assume the mortgage and that Darrell will be discharged from all further
liability on the mortgage. In this case: a. the bank is a third party donee beneficiary. b. the bank can collect from Darrell if Paul defaults. c. Darrell is a third party beneficiary of the agreement between Paul and the bank. d. the agreement among the three is a novation.
The requirements of linear programming problems include an objective function, the presence of constraints, objective and constraints expressed in linear equalities or inequalities, and ________
Fill in the blanks with correct word
____, short for wireless fidelity, is a popular wireless networking standard that connects computers to other computers, computer networks, and the Internet.
A. W. F. B. Wi-Fi C. Why Fi D. Wire-Fire
Referential Integrity Constraints are generally established between:
A) Referential and Integrity keys. B) Primary and Secondary keys. C) Primary and Foreign keys. D) Foreign and Domestic keys.