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EDGR » Topics » Interest Rate Fluctuations

This excerpt taken from the EDGR 10-K filed Mar 23, 2009.

Interest Rate Fluctuations

We generally invest in short-term, low risk instruments. We believe that any change in interest rates would not have a material effect on our financial statements.

We experience changes in interest expense when market interest rates change as interest on our debt is calculated as 2.5% over the published JPMorgan Chase prime rate, with a minimum prime rate of 6%. We believe that any change in interest rates would not have a material effect on our financial statements.

This excerpt taken from the EDGR 10-K filed Mar 17, 2008.

Interest Rate Fluctuations

We generally invest in short-term, low risk instruments. We believe that any change in interest rates would not have a material effect on our financial statements.

We experience changes in interest expense when market interest rates change as interest on our long-term debt is calculated based on the 2.5% of interest over the published JPMorgan Chase prime rate. We believe that any change in interest rates would not have a material effect on our financial statements.

This excerpt taken from the EDGR 10-K filed Mar 16, 2007.

Interest Rate Fluctuations

We generally invest in short-term, low risk instruments. We believe that any change in interest rates would not have a material effect on our financial statements.

 

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Table of Contents
This excerpt taken from the EDGR 10-K filed Mar 20, 2006.

Interest Rate Fluctuations

We generally invest in short-term, low risk instruments. We believe that any change in interest rates would not have a material effect on our financial statements.

EXCERPTS ON THIS PAGE:

10-K
Mar 23, 2009
10-K
Mar 17, 2008
10-K
Mar 16, 2007
10-K
Mar 20, 2006

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