What is the cash is king principle

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1. What is the "Cash is King" principle? What does it mean and why do entrepreneurs believe in this mantra?

2. A bond has a face value of $1,000 and a coupon rate of 5.5 percent. What is your annual interest payment if you own 8 of these bonds?

3. A Portfolio has a required return 12%, the risk-free rate is 5%, and the market required rate of return is 14%. what is the portfolio's beta?

4. Ann's Enterprises' bonds sell for $1,120 now. they have a 20-year maturity, an annual coupon rate of 8.5%, and a par value of $1,000. What is YTM for the bond?

A- 6.47%

B 6.81%

C 6.15%

D. 7.17 %

E. 7.34%

Reference no: EM131318798

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