A. Increases liabilities
B. Increases equity
C. Increases cash
D. Decreases cash
A. Agent bonds
B. Development bonds
C. Pollution control bonds
D. Both B and C
A. Required rate of redemption
B. Required rate of earning
C. Required rate of return
D. Required option
Which of the following is a series of constant cash flows that occur at the end of each period for some fixed number of periods?
A. Ordinary annuity
B. Annuity due
C. Perpetuity
D. None of the given options
Which of the following statement about bond ratings is TRUE?
A. Bond ratings are typically paid for by a company’s bondholders.
B. Bond ratings are based solely on information acquired from sources other than the bond issuer.
C. Bond ratings represent an independent assessment of the credit-worthiness of bonds.
D. None of the given options
Income that is saved and not Invested is known as Deposit.