IBM Is Planning to Issue $1,000 Bonds with a Stated

question 66

Multiple Choice

IBM is planning to issue $1,000 bonds with a stated interest rate of 7% and a maturity date of July 15,2019.Interest rates rise in the economy so that similar financial investments pay 9%.IBM will:

• A)not be able to issue the bonds because no one will buy them.
• B)receive a higher issue price to compensate buyers for the lower stated interest rate.
• C)have to accept a lower issue price to attract buyers.
• D)have to reprint the bond certificates to change the stated interest rate to 9%.

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Illegal or antisocial behaviors committed by individuals under the age of legal adulthood.

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A noncriminal act that is considered a violation of the law only because of the age of the offender, such as truancy or curfew violations.

Status Offense

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