Discussion Questions
For what reasons does a borrower choose a bond over a loan when he needs to borrow money?
What are the cashflows of a $100-million investment in a bond with a 5% annual coupon, a 5-year maturity and an initial price of 101%?
After the iPad was introduced, why would anyone sell their shares in Apple?
Why don’t technology companies generally pay dividends?
How do private equity companies make money?
See www.terriduhon.co for answers and discussion.