Question
FactSet lists more than 20 fixed and variable rate bonds for Starbucks. Select the most likely reason Starbucks has so many different issues from the
FactSet lists more than 20 fixed and variable rate bonds for Starbucks. Select the most likely reason Starbucks has so many different issues from the following
A. The bonds were issued at different times as Starbucks needed capital.
B. Starbucks merged with other companies that had debt outstanding
C.Starbucks issues bonds with different terms, conditions and covenants to appeal to investors with diverse preferences.
D. Starbucks issues more debt on a regular schedule to lower their weighted average cost of debt.
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Business Analysis And Valuation Using Financial Statements Text And Cases
Authors: Krishna G. Palepu, Paul M. Healy, Victor Lewis Bernard, W.Gordon Filby
2nd Edition
0324015658, 9780324015652
