A method of long-term financing that requires repaying funds with interest is
A. issuing bonds.
B. using retained earnings.
C. issuing stocks.
D. buying insurance.
E. All of the answers are correct.
Ans: A. issuing bonds.
Business
You might also like to view...
Boulder Furniture has bonds outstanding that mature in 13 years, have a 6 percent coupon, and pay interest annually. These bonds have a face value of $1,000 and a current market price of $1,040. What is the company's aftertax cost of debt if its tax rate is 32 percent?
A. 2.97 percent B. 3.24 percent C. 3.78 percent D. 5.21 percent E. 5.53 percent
Business
Briefly describe the six steps in the marketing research process
What will be an ideal response?
Business