The stock of Nutrisystem, Inc. (NTRI) is selling for $17.70 when Miss Piggy places a limit order to buy the stock at $17.65. During the period the order is open,NTRI falls to $17.60 and then increases to $17.67.Which of the following statements is most likely to be true in this scenario?
Mr. A. D. Venturer owns 10,000 shares of Risky Corporation, which is currently selling for $8 a share. He is leaving shortly for an extended trip to Antarctica and will be out of communication for that time. He doesnt want to liquidate his investment in Risky before he goes, but he doesnt want to return to find that his$80,000 investment is worth little to nothing.Which of the following options would make sense for Mr. Venturer?
A long-term, unsecured bond issued by a corporation is called:
Which of the following is not a secured debt issue?
Steel Dynamics (STLD) has a convertible bond issue that matures in four years. The bond has a face value of $1,000 and pays a coupon of 5.125%, with interest paid semiannually. The conversion ratio is 56.9801. If the stock of Steel Dynamics is currently priced at $15 a share, what is the conversion value of this bond, to the nearest cent?
Which of the following statements about the over-the-counter market is true?
