Refunding can only be accomplished if the firm included in the bond issue's indenture.

a conversion feature

warrants

a put feature

a call feature

QUESTION $9$

In a nonconstant growth stock valuation model, the horizon refers to the amount of time until markets open after the close the dollar limits of the dividends the point in the future after which growth is assumed constant the limit as $n$ approaches infinity

QUESTION $10$

An intrinsic value is based on

the market price of a security

the par value of the share of common stock

the historical cost value on the firm's balance sheet

the present value of future expected cashflows