Under UCC guidelines, to require a bank to abide by a postdated check, the drawer must give separate written notice to the bank, describing the check with reasonable certainty and notifying the bank not to pay the check until the date on the check

A corporate bond has a face value of $1,000 and a coupon rate of 9%. The bond matures in 14 years

and has a current market price of $946. If the corporation sells more bonds, it will incur flotation costs of $26 per bond. If the corporate tax rate is 35%, what is the after-tax cost of debt capital? A) 6.56% B) 5.57% C) 8.18% D) 7.31%

Gray market activity often leads to enhanced brand equity

Indicate whether the statement is true or false