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Answer:
Opportunity cost 900,000
Explanation:
The opportunity cost is the cost of the best alternative rejected, in order to do the pcurrent porohect.
The student, if picked to return on collegue, the opportunity cost will be the rejected baseball team or the rejected football team.
In this case, given two alternatives:
one for 20,000
and one for 900,000
the opportunity cost will be of 900,000 as is the best alternative
The opportunity cost for return to college will use this cost.
Debentures are bonds that are not backed by any physical collateral. They are backed by the reputation and creditworthiness of the issuing company.
Are debentures backed by assets?
Because the issuer anticipates paying back the loans with money from the sale of the business initiative they helped fund, debentures are also known as revenue bonds. Debentures are not backed by tangible property or collateral. They have the issuer's full faith and credit as their only guarantee.
What is debenture and its characteristics?
An extended source of funding is provided by the debentures. They are made up of a protracted predetermined maturity phase. The debentures are typically repaid at the conclusion of their 10–20 year maturity period. The business returns the investor's principal investment amount at maturity.
Learn more about debentures backed by assets: brainly.com/question/14788206
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