1. Corporate debt has been expanding very dramatically since World War II. What has been the impact on interest coverage, particularly since 1977?
2. What are some specific features of bond agreements?
3. What is the difference between a bond agreement and a bond indenture?
1. Why has corporate management become increasingly sensitive to the desires of large institutional investors?
2. Why might a corporation use a special category such as founders' stock in issuing common stock?
3. What is the purpose of cumulative voting? Are there any disadvantages to management?