How many times did the company issue long-term debt

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Question - Refer to the financial statements included in Marriott International, Inc.'s (NASDAQ: MAR; Bethesda, MD; hereafter, "Marriott" or "the Company") 2020 10-K (PDF available in Toolbox) to answer the following questions. Show work for partial credit.

(a) How many times did the Company issue long-term debt in 2020?

(b) What was the principal amount of the long-term debt issued in 2020?

(c) What were the net proceeds of the long-term debt issued in 2020?

(d) What were the effective and stated interest rates on the long-term debt the Company issued in 2020?

(e) How does what you found in question (d) relate to what you found for the comparison of the individual components of question (b) and (c).

Reference no: EM133127329

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