Solved

Fun Sports Inc

Question 14

Multiple Choice

Fun Sports Inc., a sports equipment manufacturer, decided to sell bonds in the market each worth $1,000 at an interest of 7% per annum in order to raise funds. This percentage of interest that is offered by Fun Sports Inc. is known as the _____.


A) plowback rate
B) stock rate
C) equity share
D) coupon rate
E) venture capital rate

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents