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.
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Answer:
$90
Explanation:
Option B is wrong because $1,035 is the dividend received from the company by Elizabeth.
Option C is wrong because $270 is the current market price of each share.
Option D is incorrect because $10,350 is the common stock value of 115 shares.
Option A is correct because $90 is Elizabeth's per-share basis in the company for which she received a dividend. Share's price increased to $270 after success.
Answer:
$66.9725
Explanation:
Data provided in the question:
Dividend:
D1 = $1.20
D2 = $1.40
D3 = $1.55
Expected future price, P3 = $82
Required return = 8.9 percent = 0.089
Now,
Stock price today = Present value of dividends and the future value
Stock price today = 
or
Stock price today = 1.1019 + 1.1805 + 1.2001 + 63.49
or
Stock price today = $66.9725
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The three key reasons startups require funding are attorney fees, capital investments, and marketing research.
<h3>What is a Start-up?</h3>
A startup is a company that is still in its initial stage of operation. The initial stages of operation require significant investment in attorney fees, Capital investment, and marketing research.
In most cases, a startup is created by one or more entrepreneurs who have a vision or a goal to solve a business problem.
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