Question

In your words, describe the bond-refunding process. This is a formal essay.

In your words, describe the bond-refunding process. This is a formal essay.

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Bond refunding process:

The new debt issues are used in the process of refunding which is termed as refunding bonds.

Refunding refers to the process of redeeming or retiring an outstanding bond (issued at a maturity) by way of using the earnings (proceeds) from a new debt issue.

The new issue bonds are constantly issued at lesser value of interest rate than the refunded issue guaranteeing the significant deduction in interest expenses for the guarantor (issuer).

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
In 3000 words write a formal essay On Cyber Security. Include Cyber Security problems with statistics...
In 3000 words write a formal essay On Cyber Security. Include Cyber Security problems with statistics such as DOS and Malware attacks and provide their possible solution for these problems.Please provide some sources ***Please write the answer as a document
Read the following and write a 550-650-words analysis/process essay.TIP: The process analysis essay is a how-to...
Read the following and write a 550-650-words analysis/process essay.TIP: The process analysis essay is a how-to essay or explanation essay. If you write a how-to essay, give the reader directions on how he or she can do something. If you write an explanation essay, tell the reader how something works, how it happens, or how it came to be
Describe how to write an executive summary for a formal business report. Explain in your own...
Describe how to write an executive summary for a formal business report. Explain in your own words.
In your own words, please describe the process and purposes of health research.
In your own words, please describe the process and purposes of health research.
answer your question in 150 words. Describe the relationship between bond prices and inflation. Would you...
answer your question in 150 words. Describe the relationship between bond prices and inflation. Would you be more inclined to buy bonds if you anticipate interest rates to rise fall. Explain your thought process regarding your decision.
7.Describe in your own words how one determines formal charge using dot structures? 8.What is the...
7.Describe in your own words how one determines formal charge using dot structures? 8.What is the specific heat of a substance that it takes 192 Joules to raise the temperature of 45 grams by 6 degrees Celsius? 9.Name one condition whereas a gas does not behave in an ideal way.
Give the formal definition of Big-O, Big-Omega, Big-Theta, and little-O and then describe them in your...
Give the formal definition of Big-O, Big-Omega, Big-Theta, and little-O and then describe them in your own words
(a) Describe the steps in a formal planning process. (15 marks) (b) Do you think there...
(a) Describe the steps in a formal planning process. (b) Do you think there is a relationship between planning and the performance of an organisation? Discuss.
Describe a process of preparing a cash flow budget in 150 - 180 words.
Describe a process of preparing a cash flow budget in 150 - 180 words.
Reflective Essay: Why is it important to understand your own frame or mental model as a...
Reflective Essay: Why is it important to understand your own frame or mental model as a change leader? Describe elementa of your own mental model and discuss the benefits and limitations of this approach. (600-800 words)
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT