Inancial Management: Investment Banking, Nominal Interest Rate, & Restrictive Covenants.
Topic: Financial Management: Investment Banking, Nominal Interest Rate, & Restrictive Covenants.
Essay must answer the following questions in your own words and do the math for #2:
1. What is an Investment Banker and why would a company use one?
2. What are the components of the Nominal Interest Rate and what does each component pay for? (Please show mathematical illustration at end of essay)
3. What are the Restrictive Covenants and why do they matter to Management?