In order to calculate basic earnings per share, the earnings after taxes must be adjusted for the elimination of the convertible bond interest expense.

The choice of when and how to source capital globally is usually aided early on by the advice of:

A) an investment banker. B) your stock broker. C) a commercial banker. D) an underwriter.

Regulatory forbearance reduces moral hazard because an operating but insolvent S&L will take fewer risks than healthy S&Ls that can take risks and still remain solvent

Indicate whether the statement is true or false