Answer:
horizons
Explanation:
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Answer:
The bonds sold at: $122,106,600 dollars
Explanation:
We will calculate the present value of the coupon payment and the maturirty at market rate of 7%
C 2.7(90 millions x 6% / 2 payment per year)
time 20 10 years and 2 payment per year
discounted at market rate: 7% divide by 2 payment per year: 0.035
PV 76.3551
Then present value of maturity:
Maturity 90.00
time 10 years
rate 0.07
PV 45.75
PV coupon $76.3551
PV maturity $45.7514
Total $122.1066
Answer:
Reserve. resource
Explanation:
concentration of natural minerals in or on the crust of the Earth with potential to be extracted for profit.
Answer:
b. a close corporation
Explanation:
A closed corporation refers to a company in which shares are held by select few individuals who usually are closely linked with business. Such form of a company is also referred to as family corporation.
In these form of corporations, the investments from outsiders are closed i.e from general public and thus referred to as a close corporation. Shareholding belong to owners or family members in most of the cases.
Such firms are not listed on stock exchanges and hence do not permit general public to subscribe to their shares. Wherein, any one of the shareholders desires to liquidate his share, the other members buy out such share.
In the given case, Integrated Devices Inc., a private, for profit company is wholly owned by members of the same family. Thus, it represents a close corporation.
I think the answer would be either A or D
