A buy-and-sell agreement allows shareholders to sell their shares to people other than fellow shareholders or the corporation

The share of bank operating income earned from off-balance-sheet activities has increased over the past two decades

Indicate whether the statement is true or false

Consolidated Insurance wants to raise $35 million in order to build a new headquarters. The company will fund this by issuing 10-year bonds with a face value of $1,000 and a coupon rate of 6.3%, paid semiannually

Security: AAA Corporate AA Corporate A Corporate BBB Corporate BB Corporate Yield (%): 6.2 6.4 6.7 7.0 7.5 The above table shows the yield to maturity for similar 10-year corporate bonds of different ratings. Which of the following is closest to how many more bonds Consolidated Insurance would have to sell to raise this money if their bonds received an A rating rather than an AA rating? A) 937 bonds B) 1093 bonds C) 781 bonds D) 625 bonds