Unit 8 - Grade Details 1. Question: One potential advantage...

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Grade Details 1. Question: One potential advantage of financing corporations through the use of bonds rather than common stock is
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Your Answer: the inter est on bond s must be paid whe n due the corp orati on must pay the bond s at matu rity the inter est expe nse is ded ucti ble for tax pur pose
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Points Received: 2 of 2 Comments: 2. Question: Debenture bonds are
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Your Answer: bond s secu red by speci fic asset s of the issui ng corp orati on bond s that have a singl e matu rity date issue d only by the feder al gove rnme nt
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Points Received: 2 of 2 Comments: 3. Question: When the maturities of a bond issue are spread over several dates, the bonds are called
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Your Answer: seria l bon ds C ORR ECT bear er bond s debe nture bond s term bond s Points Received: 2 of 2 Comments: 4. Question: If $3,000,000 of 10% bonds are issued at 95, the amount of cash received
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from the sale is Your Answer: $3,3 00,0 00 $3,0 00,0 00 $3,1 50,0 00 $2,8 50,0 00 C ORR ECT Points Received: 2 of 2 Comments: 5. Question: A corporation issues for cash $1,000,000 of 10%, 20-year bonds, interest
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Unit 8 - Grade Details 1. Question: One potential advantage...

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