One of the transactions commonly associated with the financing process is the issuance of long-term debt.Which of the following pieces of information is least likely to be required to process such a transaction?
A)Coupon interest rate
B)Market interest rate
C)Lender identification data
D)Shareholder approval

Question

Quizplus · Accepted Answer

Shareholder approval is not typically required for the issuance of long-term debt. The coupon interest rate, market interest rate, and lender identification data are all essential pieces of information needed to process the transaction.

One of the Transactions Commonly Associated with the Financing Process