Week 11 Ch17

Part I:  What is a corporate bond? Why would a company use bonds as a source of financing?

Part II: Suppose you are a business owner and you need new equipment and immediate funds to meet short-term operating expenses. From what sources could you gain the capital you need? Which would you choose and why?

A​ stock’s _______ value is calculated as​ owners’ equity divided by the number of shares of common stock it has outstanding.