Each case is independent of the other.(a) A bond that will mature in 4 years wa

Each case is independent of the other.(a)
A bond that will mature in 4 years was bought 1 month ago when the
price dropped. As soon as the value increases which is expected next
month it will be sold.(b) 10% of the outstanding stock of Farm-Co
was purchased. The company is planning on eventually getting a total of
30% of its outstanding stock.(c) 10-year bonds were purchased this year. The bonds mature at the first of next year.(d)
Bonds that will mature in 5 years are purchased. The company would like
to hold them until they mature but money has been tight recently and
they may need to be sold.(e) Preferred stock was purchased for its
constant dividend. The company is planning to hold the preferred stock
for a long time.(f) A bond that matures in 10 years was purchased.
The company is investing money set aside for an expansion project
planned 10 years from now.