Question: b , c , d k ans send kr den b. Explain the call feature on a bond. Would you expect a bond issue with

b , c , d k ans send kr den b.

b , c , d k ans send kr den

b. Explain the call feature on a bond. Would you expect a bond issue with a call provision to carry a higher or lower coupon interest rate than a comparable bond without? Why? When would a firm want to call a bond? Why? c. Explain the primary means through which a company offers securities to general public. d. i. A $1,000, 13-week (91 days) United States Treasury bill can be purchased for $985. Calculate the equivalent annual yield? ii. Differentiate the features of debt and equity as a source of finance 2/2

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