September 2023 What is ethics If you follow all applicable rules and regulations are you an

2024 FIN 571 Week 1 DQs. Get an A++. Assignment Help

What is ethics If you follow all applicable rules and regulations are you an 2023

What is ethics? If you follow all applicable rules and regulations, are you an ethical person? Assume that interest rates have increased substantially. Would this tend to increase or decrease the market value (meaning the price an investor in the firm’s paper is willing to pay) of a firm’s liabilities (relative to the book value of liabilities)? This question is referring to a firm’s liability such as a bond or debenture that has been issued in the markets. What happens to the price an investor who is looking to purchase that bond or debenture is willing to pay if the market interest rate increases above the rate that the bond or debenture pays.

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