Answer:
E. If a coupon bond is selling at par, its current yield equals its yield to maturity
Explanation:
At par means at face value. A bond may sell at par, below par or above par. A bond that trades at par has a yield that is equivalent to its coupon. Investors expect to have a return that is equal to the coupon for the risk of lending to the bond issuer.
The coupon rate of a bond is equal to its yield to maturity if the purchase price is equal to its par value or face value.
From the paragraph above, this makes option E the best answer for the question.
True Market Research is necessary to discover existing products
Answer:
A. To keep banks with falling asset values solvent.
Explanation:
When a bank is failing it will result in loss of funds not only for the bank but also for customers that have accounts in these banks.
If a bank eventually closes operations as a result of insolvency, they will not be able to pay off the customers. That is where the deposit insurance comes in to settle customers.
The government will have to spend a lot of money reimbursing customers their money.
To avoid this the federal government ensures the capital of banks is maintained to keep banks with falling asset values solvent.
Money is important because it helps people learn responsibility and how to be responable and you can buy things with money that you earn.
now a dayze you need money for everything nothings ever free
Answer:
The correct answer is B. Maintenance of control over unused checks.
Explanation:
Risk of material misstatement is the risk that the financial statements contain material misstatements prior to the performance of the audit. The risk comprises two components, described as follows, in the statements:
Inherent risk - Susceptibility of a statement about a type of transaction, accounting balance or other disclosure of information to a misstatement that could be material, either individually or in aggregate with other inaccuracies, before taking into account the possible corresponding controls.
Control risk - Risk that an error that could exist in a statement about a type of transaction, accounting balance or other information relief, and that could be material either individually or in aggregate with other inaccuracies, is not prevented, or detected and corrected in a timely manner, by the entity's internal control system.