Quiz Ch 07 – Viveros Foods

Fundamentals of Corporate Finance

Ross, Westerfield, and Jordan

13th Edition

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What is the correct description of an investment-grade bond issued by Viveros Foods that sells at par, pays $30 semiannual interest payments, and is callable at a price equivalent to the present value of all future payments discounted at a rate equal to the comparable Treasury rate plus .50 percent?

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  • Search Terms: a) "make $ . a all an and are at b. b) bond bond? bonds call callable comparable correctly coupon describes discounted equal face following foods future has interest investment-grade is issue less market of one outstanding par payments payments. pays percent. percent. d) plus present price price. e) principal rate rating sell semiannual than that the this to treasury value value. c) variable. viveros which whole"
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