S
superch
Guest
State of Massachusetts
ABC Inc's president is a holder of a $100,000, 10-year, 8 percent corporate unsecured bond. Interest rates have begun to rise. The president thinks that it is a good time for the company to refinance the bonds at the current interest rates. Is this a conflict of interest? Why or why not?
ABC Inc's president is a holder of a $100,000, 10-year, 8 percent corporate unsecured bond. Interest rates have begun to rise. The president thinks that it is a good time for the company to refinance the bonds at the current interest rates. Is this a conflict of interest? Why or why not?