Dashboard
Review Topics
Drills
Practice Exams
Flashcards
Vocabulary
If you need special buffalo accommodations, contact your testing center. They're pretty good with things like that.

Bond Primer The Second

Bond Primer The Second

Convertible Bonds

Wu thinks about the $40 million in interest he'll be on the hook to pay for the $500 million in 8% coupon bonds that he wants to float to fund his acquisitions, let alone pay off the $500 million itself. It makes him nervous, and he is hoping to find a way to pay less in interest. He asks, "Is there a way we could get that number down to maybe 4%?" At 4% interest, he'd be on the hook for just $20 million a year, a number much easier to digest.

Net nods, "There's always a...

Looking for more? Why is this annoying box in the way? It's because you haven't paid for the course yet!

$24.68
Next: Know Thy Customer  
  Prev: A Bond Primer