FNAN 522 Module 1 Homework - University of Louisiana, Lafayette. Questions & Answers.

FNAN522-020_820-: Adv Financial Mgmt. & Policy Started on Monday, 16 March 2020, 10:13 AM State Finished Completed on Monday, 16 March 2020, 10:24 AM Time taken 10 mins 22 secs Marks 10.00/10.00 Grade 20.00 out of 20.00 (100%) A company issued debt that did not grant the bondholders the ability to seize the company's assets to settle the obligation. This debt can be traded on a public exchange. Which of the following best describes this debt? Select one: a. Private, secured debt. b. Public, secured debt. c. Private, unsecured debt. d. Public, unsecured debt. Which of the following is NOT a cash equivalent? Select one: a. A government bond that matures in four months. b. A banknote c. A treasury bill that matures in two months d. Preferred stock that will be redeemed in a month Which of the following occurred during the financial crisis of ? Select one: a. All of these answers b. Significant declines in consumer wealth and prolonged unemployment. c. Several major institutions failed or were subject to government takeover. d. A currency crisis, with investors transferring their wealth to countries with stronger currencies.