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Bonds are considered a debt instrument.
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ssuing bonds raises necessary capital for the firm. Bonds are considered a debt instrument. There are several types of bonds that firms have available to raise funds. There are also associated terms that are important to learn regarding bonds. We will determine how bond proceeds are calculated and how interest is computed. Using the time value of money techniques that we learned previously, we will learn how to value bonds.
- Read Chapter 7 of the textbook by Brigham & Houston
- Complete Exercise 7-5, 6, & 7 in Excel.
This is a class I'm taking at Grace Bible College.BUS 230 Introduction to finance
