1. Which of the following is not a way in which banks lend short-term unsecured loans? Choices: By sending the amount earned from trust and investment products offered by the bank Through a guaranteed credit line that has a commitment fee for any unused amount for the year Through credits cards lines with a certain credit limit By lending a single date maturity loan to a debtor
1. Which of the following is not a way in which banks lend short-term unsecured loans?
Choices:
By sending the amount earned from trust and investment products offered by the bank
Through a guaranteed credit line that has a commitment fee for any unused amount for the year
Through credits cards lines with a certain credit limit
By lending a single date maturity loan to a debtor
2. The following are methods of acquiring funds through long-term financing, except
Choices:
Issuing bonds with semi-annual coupon payment at a discounted price
Selling equity securities at an amount above the par value indicated in the stock certificate
Issuing a note that indicates a promise to pay the indicated supplier in a future date
Selling equity securities with a characteristic of both debt and equity security
3. Which is false about long-term sources of a firm's capital?
Choices:
All types of corporations may issue equity securities to the public
Some types of bank loans may require collateral from potential debtors
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