Mutual and stockholder-owned savings
Compare and contrast mutual and stockholder-owned savings and loan associations.
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Would there be positive interest rates on bonds in a world with absolutely no risk (no default risk, maturity risk, and so on)? Why would a lender demand, and a borrower be willing to pay, a positive interest rate in such a no risk world?
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Calculate the price of the bond you have selected relative to the 5%. Is the bond selling at a premium or a discount? Why?
Which of the following is not a primary reason why corporations invest in debt and equity securities? They wish to gain control of a competitor.
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