Additional Question(Please Answer):

1. Stock prices tend to decline when a company announces a seasoned equity offering (offerings by a company that already have outstanding securities). Why?

2. What are some ways to raise money via the internet by individuals or by companies?

Which of the following are correct. Check all that apply. Check All That Apply Suppose a taxable bond is currently ylelding 10% and at the same time a municipal bond is yielding 8%. Then, the municipal bond is more attractive to an Investor with 35% tax bracket. The term structure of Interest rates tells us what discount Interest rate are on default-free, pure discount bonds of all maturities. When short-term rates are higher than long-term rates, we say It Is downward sloping. The difference between the bid and ask prices is called current yield. Sunshine Inchas preferred stock outstanding that sells for $100 per share. If the required return is 2% percent, the annual dividend is $1