Five years ago Brookfield Industries issued 30 year bonds with a 4% coupon rate callable at par after 5 years. Inflation has increased and the yield on bonds similar to Brookfield's is now 6%. Given these facts,
A) Brookfield is almost certain to call the bonds.
B) the yield to call on the Brookfield bonds is now 6%.
C) Brookfield is not likely to call the bonds any time soon.
D) the price of the bonds will remain close to par because of their call value.
Answer: C
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a) the customer b) a host-country government official c).a home-country government official d) a reputable bank
In the adopter categories, the final 16 percent to adopt are similar to innovators in that they do not rely on the norms of the group but are independent because they are tradition-bound. They tend to have the lowest socioeconomic status, are suspicious of new products, and are alienated from a rapidly advancing society. Who are they?
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