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1. Evaluate the following statement: If a firm faces an efficient bond market, then this firm can issue any bond it likes-it does not matter as far as firm value is concerned.
2. What are the components in a typical corporate bond issue?
3. Do corporate bonds trade very actively? If so, where do they trade? If not, why not?
4. Give an illustration of a coercive bond offer.
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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