$1,000 is the yield to maturity for an investor that purchases the bond today
<h3>What is
bond ?</h3>
A bond is a type of financial security in which the issuer owes the holder a debt and is obligated to repay the principal of the bond as well as interest over a specified period of time, depending on the terms. Interest is usually paid at regular intervals.
Bonds are one way for businesses to raise funds. A bond is a loan made between an investor and a corporation. The investor agrees to give the corporation a specific sum of money for a set period of time. In exchange, the investor receives interest payments on a regular basis.
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Answer:
d. By not closely questioning Jason about his area of the business, Ellen and Frank will be seen to have ratified Jason's partnership operations.
Explanation:
Because Ellen and frank are partners with Jason, they would also both be liable for Franks conduct because the three of them are business partners and have shared profits equally in Jasons area of the business without paying attention to details about the source of the profit. This would make it seem like they were in agreement and accomplices with Jason.
Answer:
E. The supply curve for helmets will shift to the right.
B. The demand curve for helmets will remain the same.
Explanation:
In order to promote the use of helmets the subsidy will result in the shift of supply curve to the right because through subsidy producers are encouraged to supply more. Hence increasing the output.
Whereas the demand curve will remain the same. There will be no shift in demand curve. Only movements along the demand curve will be observed, the demand curve stays the same.
It is shown in the diagram in attachment.
Answer:
<u>d. The false statement is immaterial in the overall context of the financial statements.</u>
Explanation:
Note, the term 'misstatement' can also be rendered 'false statement'.
Since in this scenario, we can confirm the CPA (Certified Public Accountant) issued out an opinion about the financial statements of a company.
Since the interpretation of the financial statement is subject to personal interpretation, it can, therefore, be considered immaterial in the overall context of the financial statements; removing any liability to the CPA.
