Question
1. Most investments can be valued by looking at all future cash flows. The cash flows from stocks are usually paid as A. bond yields.
1. Most investments can be valued by looking at all future cash flows. The cash flows from stocks are usually paid as
A. bond yields. B. net income. C. dividends. D. capital gains.
2. Assume that a corporation wants to borrow $100,000 by issuing one hundred 10-year, $1,000 bonds. The interest rate required for similar bonds from similar corporations is 11 percent. What's the bond's face value?
A. $1,000 B. $1,110 C. 110 D. $111,000
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino
6th Canadian edition
1259453146, 978-1259453144
