Evergrande Avoids Default With Last-Minute Bond Payment

Evergrande Avoids Default With Last-Minute Bond Payment

Assessment

Interactive Video

Business

University

Hard

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The video discusses Evergrande's ongoing financial difficulties, focusing on their bond payment obligations and recent developments. Despite making a crucial payment, Evergrande still faces significant financial challenges, including upcoming bond payments and a failed deal with Hobson Development. The situation raises questions about how Evergrande will meet its near-term financial obligations.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern regarding Evergrande's financial situation?

They have secured long-term funding.

They have no upcoming payments.

They have resolved all their financial issues.

They only have a short-term solution.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much was the recent bond payment that Evergrande made?

$45 million

$2.6 billion

$83.5 million

$200 million

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By when does Evergrande need to pay the remaining overdue bond coupon payments?

By October 31st

By November 11th

By December 1st

By January 1st

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the value of the deal between Evergrande and Hobson Development that collapsed?

$2.6 billion

$45 million

$83.5 million

$200 million

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main question raised by the failed deal with Hobson Development?

How will Evergrande reduce its workforce?

How will Evergrande meet its near-term obligations?

How will Evergrande meet its long-term obligations?

How will Evergrande expand its business?