Innovative Inventions, Inc. needs to raise $10 million and typically would issue coupon-bearing bonds at par value. If the company chooses to issue zero-coupon bonds instead, its debt-to-equity ratio will
a. rise as the maturity date approaches.
b. decline as the maturity date approaches.
c. remain constant throughout the life of the bond.
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Innovative Inventions, Inc. needs to raise $10 million and typically would issue coupon-bearing… was first posted on July 6, 2020 at 1:02 am.
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