Which of the following interest rates would be inappropriate for use as a base rate for a variable rate bond?
A) The prime rate
B) LIBOR
C) A rate determined by the bond issuer's board of directors.
D) The 10-year Treasury bond rate.
C
Business
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Cheaper modes of transport typically have
A) shorter lead times and smaller minimum shipment quantities. B) shorter lead times and larger minimum shipment quantities. C) longer lead times and smaller minimum shipment quantities. D) longer lead times and larger minimum shipment quantities.
Business
Noncurrent assets are expected to be converted to cash over
a. a month. b. a quarter. c. a half of a year. d. a year. e. a period of time greater than a year.
Business