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Trends in ratios As the chief investment officer of a large pension fund, you must make many investing decisions. One of your assistants has prepared
Trends in ratios As the chief investment officer of a large pension fund, you must make many investing decisions. One of your assistants has prepared the following ratios for MBI Corporation, a large multinational manufacturer. Required What is your decision in the following cases? Give your reasons. 1. Granting a short-term loan to MBI 2. Buying long-time bonds of MBI on the open market. The bonds yield 7%, which is slightly less than the average for bonds in the industry 3. Buying MBI common stock
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