4. Suppose that you are working as a financial officer in XYZ Company, which is rated BB by Standard and Poor rating. Recently you presented the company's forecasted financial statements (pro-forma statements) to the board of directors. One of the topics of discussion was where to acquire the additional finance required to finance next year's projects. After intense discussion, the board of directors have agreed that the company should issue a bond instead of stocks. However, given that the company has a lower credit rating and higher leverage, the board is not confident, whether the bond financing will be successful or not. As a finance officer, you are required to explain to the board, the type and features of the bond to be issued and incentives to put in place to make the bond attractive to investors. How would you clarify the bond financing process to the board? 5. Compare different mortgage options and choose an affordable mortgage. 6. Understand the impact of a collateral, maturity period, down payment, interest rate and loan processing fees on mortgage payments. 4. Suppose that you are working as a financial officer in XYZ Company, which is rated BB by Standard and Poor rating. Recently you presented the company's forecasted financial statements (pro-forma statements) to the board of directors. One of the topics of discussion was where to acquire the additional finance required to finance next year's projects. After intense discussion, the board of directors have agreed that the company should issue a bond instead of stocks. However, given that the company has a lower credit rating and higher leverage, the board is not confident, whether the bond financing will be successful or not. As a finance officer, you are required to explain to the board, the type and features of the bond to be issued and incentives to put in place to make the bond attractive to investors. How would you clarify the bond financing process to the board? 5. Compare different mortgage options and choose an affordable mortgage. 6. Understand the impact of a collateral, maturity period, down payment, interest rate and loan processing fees on mortgage payments