Question: 7 Test 4- Requires Respondus LockDown Browser Time Left:0:47:22 Ralph King: Attempt 1 Question 27 (0.21428572 points) Which of the following statements is true of

7 Test 4- Requires Respondus LockDown Browser
7 Test 4- Requires Respondus LockDown Browser Time Left:0:47:22 Ralph King: Attempt 1 Question 27 (0.21428572 points) Which of the following statements is true of a zero coupon bond? A) The bond makes no coupon payments. B) The bond sells at a premium prior to maturity. OC) The bond has a zero par value. D) The bond has no value until the year it matures because there are no positive cash flows until then. Question 28 (0.21428572 points) Shafer Corporation issued callable bonds. The bonds are most likely to be called if: A) Shafer Corporation needs additional financing B) interest rates decrease. OC) interest rates increase. D) Shafer Corporation's stock price increases dramatically. Previous Page Next Page Page 7 of 7

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