4. Hines 58 makes steak sauce that is marginally better than its competition. Hines stock has a par value of $1 per share and currently trades at $30/share. During the year, Hines incurs consulting expenses of $60,000, and the consultant is willing to accept Hines stock instead of cash for the fees. a. (6 points) Record the JE for this transaction: b. (6 points) Hines has 1.5mm shares outstanding and announces a dividend of $2/share. Record the JE on the declaration date: 5. (3 points) Assume a company issues two bonds with the exact same face value, coupon rate, and maturity date. Bond A is unsecured and Bond B is secured. Which bond trades at a higher price