Under which of the following conditions would a firm be most likely to issue variable-rate debt（）
A: Operating cash flows are positively correlated with short-term interest rates.
B: Operating cash flows are negatively correlated with short-term interest rates.
C: The yield curve is sloping sharply downward.
A: Operating cash flows are positively correlated with short-term interest rates.
B: Operating cash flows are negatively correlated with short-term interest rates.
C: The yield curve is sloping sharply downward.
举一反三
- When yield curves are downward sloping, long-term interest rates are above short-term interest rates.
- Which of the following is usually least important as a measure of short - term liquidity ______. A: Quick ratio B: Current ratio C: Debt ratio D: Cash flows from operating activities
- In a statement of cash flows, the issue of shares appear under which heading? A: Cash flows from operating activities. B: Investing activities. C: Financing activities. D: Cash and cash equivalents.
- 【单选题】An upward-sloping term structure of interest rates indicates that: A. longer-term rates are higher than shorter-term rates B. investors should expect interest rates to decline in the future C. short and intermediate term rates are real rates while long term rates are nominal rates D. the Fed is expected to decrease rates in the near term E. the larger the investment in dollars, the higher the interest rate paid
- Cash<br/>flows are grouped in the statement of cash flows into the following<br/>major categories( ) A: Cash receipts, cash disbursements, and noncash activities B: Direct cash flows and indirect cash flows C: Operating activities, investing activities, and financing activities D: Operating activities, investing activities, and collecting activities