Free Version

Dashboard
Review Topics
Drills
Practice Exams
Flashcards
Vocabulary
Don't go to your exam hungry. I recommend grass and berries, but you might want your brain food to be a little more substantial.

Bonds and Bondage Part 1: Basics

Dashboard > Chapter 4: Raising Debt - Securities > Bonds and Bondage Part 1: Basics

Bonds and Bondage Part 1: Basics

Bondage, Goin' Biblical

To the bankers' delight, The Sauce Company is likely going to be a consumer of capital for a very long time as it believes it can "roll up" through a long series of purchases an otherwise disparate industry ripe for a nimble player with a hot product. The broader rationale as Wu presents things is that if these many small companies had access to "scale" or volume purchase discounts from suppliers, they could get, say, onions for 20% less; similarly if they aggregated...

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

$77.77
Next: Bonds Part Deux – Should Sauce Borrow with Bonds?  
  Prev: Taking Stock of the Situation with Preferred Stock

*Securities is a registered trademark of the College Board, which was not involved in the production of, and does not endorse this product.