If a bond is callable and if interest rates in the economy decline, then the company can sell a new issue of low-interest-rate bonds and use the proceeds to "call" the old bonds in and effectively refinance its debt at a lower rate.
Answer the following statement true (T) or false (F)
True
Call provisions allow firms to refinance debt, much as individuals might refinance mortgages on their houses: when interest rates decline, firms can recall (refund) high-cost debt that is outstanding and replace it with new, lower-cost debt. See 6-1: Characteristics and Types of Debt
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Answer the following statements true (T) or false (F)
1. The Internet is not considered a form of media. 2. Most media-outlets in Canada are owned by private-sector enterprises. 3. In recent years, according to this textbook author, business has taken on increased respectability in the media. 4. Social media is an online technology that people use to share opinions, insights, experiences, and perspectives. 5. Libel chill refers to the reluctance by business to share information with the media.
Values do not simply appear they evolve.
Answer the following statement true (T) or false (F)
How have lean concepts evolved in recent years? Provide at least one example of a new opportunity for lean systems.
What will be an ideal response?
If goods are already in transit when a buyer breaches, the seller may not stop their delivery
Indicate whether the statement is true or false