If the debt is trading at face value, what coupon rate is being paid on debt for a firm with an after-tax cost of debt of 7.00% and a tax rate of 30%?

A "friendly foreclosure" enables a mortgagor to prevent the mortgagee from taking the property by statutory means. This can be accomplished by use of a(n)

A) deed in lieu of foreclosure. B) reconveyance deed. C) assumption. D) escrow deed.

A freight forwarder performs which of the following functions?

A) arranging the fastest and cheapest transportation of products to and from foreign suppliers B) taking title to the goods it exports and imports from country to country C) acting as a sales representative in a foreign market D) valuing products that qualify for favorable tariffs