The initial ZooShare community bond offering highlighted in the chapter opening vignette offered investors a 11.512.5% return.
Question:
The initial ZooShare community bond offering highlighted in the chapter opening vignette offered investors a 11.5–12.5% return. Why would the initial ZooShare bond offering provide investors with such an attractive return at such a high interest rate?
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ZooShares initial bond offering had a higher degree of risk associated it as the gov...View the full answer
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Related Book For 
Fundamental Accounting Principles Volume II
ISBN: 978-1260305838
16th Canadian edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
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