9. Adidas issued 10-year, 8% bonds with a par value of S200000 Interest is paid...
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9. Adidas issued 10-year, 8% bonds with a par value of S200000 Interest is paid semiannually. The market rate on the issue date was 75 cash proceeds. Which of the following statements is true? A) Adidas must pay $200,000 at maturity and no B) Adidas C) Adidas %. Adidas received S206.948 in wi must pay $206,94 must pay $200,000 at maturity plus 20 interest payments of $8,000 each 8 at maturity and no interest payments E) Adidas must pay $200,000 at maturity plus 20 interest payments of $7.500 each 10. A company has bonds outstanding with a par value of $100,000. The unamortized discount on these bonds is $4,500. The company retired these bonds by buying them on the open market at 97. What is the gain or loss on this retirement? A) S0 gain or loss. B) $1,500 gain. C) $1,500 loss. D) $3,000 gain. E) $3,000 loss. 11. Bonds that may be exchanged for common stock at the option of the bondholders are called: A) Options. B) Stock bonds C) Coupon bonds. D) Convertible bonds. E) Callable bonds. 12. A proxy is: A) A legal document that gives a designated agent of a stockholder the power to vote the stock B) A contractual commitment by an investor to purchase unissued shares of stock. C) An amount of assets defined by state law that stockholders must invest and leave invested in a corporation. corporation by having the first opportunity to purchase additional shares of common stock issued by the corporation. An arbitrary amount assigned to no-par stock by the corporation's board of directors. D) The right of common stockholders to protect their proportionate interests in a E)

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