A $100 debenture quoted at 104 is said to:
A) sell at a discount.
B) sell at a premium.
C) sell at $4 above its market value.
D) sell at par.
Correct Answer:
Verified
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Q45: A capitalisation ratio of 4:1 means:
A) debt
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i. secured by a specific
Q53: A liability where the borrowings are from
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