BRD14 - Chapter 14 Discussion Questions 14-1. In addition...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 14 Discussion Questions 14-1. In addition to U.S. corporations, what government groups compete for funds in the U.S. capital markets? The federal government, government agencies, and state and local governments all compete for funds. 14-2. Are federally sponsored credit agency issues directly backed by the U.S. Treasury? Federally sponsored credit agency issues are not directly backed by the U.S. Treasury. 14-3. What is a key tax characteristic associated with state and local (municipal) securities? They are tax exempt, meaning the interest paid is normally exempt from federal income taxes and from state income taxes in the state of issue. 14-4. What are three forms of corporate securities discussed in the chapter? Corporate bonds, preferred stock, and common stock are the three forms of corporate securities discussed in the chapter. 14-5. Do corporations rely more on external or internal funds as sources of financing? Corporations rely more heavily on external funds as sources of financing. Sixty
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 2

BRD14 - Chapter 14 Discussion Questions 14-1. In addition...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online