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If a corporate bond with a face value of $2,000 pays yearly coupon payments of $50. What is the coupon rate? Suppose that a firm

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If a corporate bond with a face value of $2,000 pays yearly coupon payments of $50. What is the coupon rate? Suppose that a firm that you have invested in is unexpectedly losing money. Would you rather own the firm's stock or its bonds? Why? Say whether each of the following events would likely cause the price of Google stock to go up, go down, or not change: a. A competitor launches a search engine that's better than Google's. b. The corporate income tax rate Is significantly reduced. c. Google's board of directors becomes dominated by close friends and relatives of its top management. d. The price of wireless Internet connections unexpectedly drops, so more and more people use the Internet. e. Google announces a profit of $10 billion, matching analysts' expectations

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