Why are profits alone insufficient to finance growth, Financial Management

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Why are profits alone insufficient to finance growth

1. A company has bonds on the market making semi-annual payments, with 9 years to maturity, a par value of $1,000, and selling for $997. Is this a discount or premium bond?

2. Why are profits ALONE insufficient to finance growth ?

3. A company has bonds on the market making semi-annual payments, with 14 years to maturity, a par value of $1000, and selling for $1,382.01. At this price, the bonds yield 7.5%. What is the coupon rate?

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Financial Management: Why are profits alone insufficient to finance growth

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