1 a four-year verizon bond makes coupon payments of 30, Ask an Expert

Finance

1. A four-year Verizon bond makes coupon payments of $30 every six months and sells for $950. What is the bond’s annual yield to maturity?

A. 6.00%

B. 6.32%

C. 6.98%

D. 7.47%

E. 8.54%

2. The use of debt is called:

A. business risk.

B. operating leverage.

C. production leverage.

D. total asset turnover risk.

E. financial leverage.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92877040

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