"Bootstrap financings" are buyouts financed by
A) the company managers' own assets.
B) finance companies.
C) junk bonds.
D) new issuance of bonds.
B
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External benefits are the extra
A) benefits a consumer gets from consuming a good. B) costs a producer creates in producing a good. C) benefits that accrue to people other than the consumers. D) costs a producer bears for producing a polluting good. E) benefits a producer obtains for reducing production of a polluting good.
Converting corn into ethanol is most profitable when there is/are:
a. High ethanol prices and low corn prices b. Low ethanol prices and low corn prices c. Low ethanol prices and high corn prices d. When the amount of ethanol produced approaches the limits of the amount required in production of gasoline blended with 10% ethanol (the current "blend wall") e. Restricted expansion of ethanol production capacity