A financial guarantee ensures that the lender (bond purchaser) will be paid both principal and interest in the event the issuer defaults

Indicate whether the statement is true or false

TRUE

Business

You might also like to view...

A bond's yield is always exactly the same as its coupon interest rate

Indicate whether this statement is true or false.

Business

Why do managers at companies move their operations to other countries outside the United States? What is the impact on the company?

What will be an ideal response?

Business