Paper details
You’re an analyst in the finance department of Flyover Corp., a new firm in a profitable but risky high-tech
business. Several growth opportunities have presented themselves recently, but the company doesn’t have
enough capital to undertake them. Stock prices are down, so it doesn’t make sense to try to raise new
capital through the sale of equity.
The company’s bank won’t lend it any more money than it already has, and investment bankers have said
that debentures are out of the question. The treasurer has asked you to do some research and suggest a
few ways in which bonds might be made attractive enough to allow Flyover to borrow. Write a thorough,
concise and analytical document reflecting what you have learned during the term from the various
chapters especially from the knowledge gained about valuation and characteristics of Bonds
