Question
1. Why does Target Corporation issue debt? 2. When was the last time Target Corporation issued debt? 3. What was the specific reason (provide evidence)
1. Why does Target Corporation issue debt?
2. When was the last time Target Corporation issued debt?
3. What was the specific reason (provide evidence) that Target Corporation needed to raise funds?
4. How much did Target Corporation issue?
5. As a potential investor, would you invest in Target Corporation bonds? Why or why not?
6. With interest rates potentially increase, what do you think will happen to existing bonds? And how will Target Corporation react to increased interest rates?
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Financial Management Principles And Applications
Authors: Sheridan Titman, Arthur Keown, John Martin
13th Global Edition
1292222182, 978-1292222189
