Which of the following statements is true?
A) A person who buys a bond always pays the face value for the bond.
B) If a corporation issues a bond and Dennis buys it, Dennis becomes one of the owners of the corporation.
C) A stockholder of Firm X is one of the owners of Firm X.
D) The owner of the bond receives periodic payments equal to its coupon rate times the price he paid for the bond.
C
Economics
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________ is a calculation that adds up costs and benefits using a common unit of measurement, like dollar values
A) Expenditure-income analysis B) Budget constraint analysis C) Revenue-income analysis D) Cost-benefit analysis
Economics
Georgine buys more sweaters when her income increases. For Georgine, sweaters are
A) a substitute. B) a complement. C) an inferior good. D) a normal good.
Economics