Answer:
The amount customers are expected to pay $7600 per bond
Explanation:
8M implies that the municipal bond has $8000 as its par value.
The amount a customer would is 95% of the par value
Hence, customers are expected to pay $7600 (95%*$8000)
For instance a 5M at 105 means that the par value of the bond is $5000 but issued at 105%, which translates into $5250 without considering commissions as well as the accrued interest on the bond which might also be factored into the price.
It is the second answer 19 purchased
105 km/hr is the same as 65.244 miles per hour. You can do this by doing unit conversions until you get the satisfied units. Then you multiply and reduce the fraction. In this case, the answer is 65.244 miles per hour.
Answer:
C) Any of the above (or below)
- B) The potential that another government could unilaterally dissolve the entity and assume their assets and liabilities
- D) The power to enact and levy a tax.
- E) The power to directly issue debt, for which its interest is exempt from federal taxation
Explanation:
Government Accounting Standards Board (GASB) is a private non-governmental organization that develops accounting standards that state and local governments must follow. The GASB works along with the Federal Accounting Standards Advisory Board (FASB), which is the organization that develops accounting standards for the federal government.
Both the GASB and the FASB help to ensure that financial information regarding the use of public funds is standard across different government entities.
