________ would be a secondary, or tertiary target of international promotional activities
A) Buyers
B) Distributors
C) Competitors
D) Potential customers
C
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Dividends are best defined as:
A. cash payments to shareholders. B. cash payments to either bond holders or shareholders. C. cash or stock payments to shareholders. D. cash or stock payments to either bondholders or shareholders. E. distributions of stock to current shareholders.
Reliable Metals plans to issue bonds that will mature in 20 years, will have a semi-annual coupon rate of 7%, and will have a Moody's rating of Aa2. Bonds of other metals companies with similar maturities and ratings currently yield an average of 6.3%
A) Reliable's bonds will sell at a price to yield about 6.3% because that is the investors' opportunity cost. B) Reliable's bonds should be priced to yield a rate close to the coupon rate. C) Reliable's bonds should yield more than 6.3% because they are new. D) Reliable's bonds should yield less than 6.3% because they are new.