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2 years ago

A 15-year bond with a face value of $1,000 currently sells for $850. Which of the following statements is CORRECT?

Business

1 answer:

german2 years ago

7 0

Answer:

The answer is letter C

Explanation:

The bond's yield to maturity is greater than its coupon rate.

Because the bond coupon rate it is the annual coupon payments, considering that a coupon rate is a fixed income security's yield paid, it means that in this question, the amount of the bond's face value is higher than the income.

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When we physically encounter a three-dimensional form, the tactile sensation we experience is its ________. Two-dimensional imag

babymother [125]

Answer:

When we physically encounter a three-dimensional form, the tactile sensation we experience is its ACTUAL TEXTURE. Two-dimensional images, however, have IMPLIED TEXTURE, which means the artist creates an effect that reminds us of our tactile memory of a real-life surface. Artists who wish to contradict our previous tactile experiences employ SUBVERSIVE TEXTURE in order to make us reconsider our preconceptions about the world around us.

Explanation:

Actual texture is combination of how an artwork looks and how it actually feels when someone touches it. Even paintings have texture and different artists use different painting techniques to create that texture.

Implied or simulated texture means that the artist is creating a visual effect of texture.

When artists use subversive textures, they are inventing textures by adding alternate materials.

3 0

2 years ago

The inheritance pattern for red-green color blindness is different for males compared to females. Red-green color blindness is m

Komok [63]

Answer:

The gene that causes color blindness is linked to the X chromosome and it is much more frequent in males than females because females have two X chromosomes. So for a female to suffer from color blindness, both of her X chromosomes should carry the genetic disorder.

7 0

2 years ago

Assume General Electric Company agreed in May 2016 to construct a nuclear generator for NSTAR, a utility company serving the Bos

aalyn [17]

Answer:

2016: $300 million; 40%; $60 million

2017: $450 million; 60%; $90 million

Explanation:

Total costs:

= Costs incurred in 2016 + Costs incurred in 2017

= $240 + $360

= $600

In 2016:

Percent of total excepted costs:

= Costs incurred in 2016 ÷ Total costs

= $240 ÷ $600

= 0.4 or 40%

Revenue recognized:

= Percent of total excepted cost × Contract price

= 0.4 × $750 million

= $300 million

Income = Revenue recognized - Costs incurred in 2016

= $300 million - $240 million

= $60 million

In 2017:

Percent of total excepted costs:

= Costs incurred in 2017 ÷ Total costs

= $360 ÷ $600

= 0.6 or 60%

Revenue recognized:

= Percent of total excepted cost × Contract price

= 0.6 × $750 million

= $450 million

Income = Revenue recognized - Costs incurred in 2017

= $450 million - $360 million

= $90 million

8 0

3 years ago

Which of the following are true about productive efficiency? I. All available resources are employed in production. II. Workers

dalvyx [7]

Answer:

III. Points on the PPF curve are the only ones that achieve "productive efficiency"

Explanation:

What is true about productive efficiency is that Points on the PPF curve are the only ones that achieve "productive efficiency".

Productive efficiency is an economic term that is concerned with producing goods and services with the optimal combination of inputs to produce maximum output for the minimum cost.

For it to be said that an economy is productively efficient means the economy must be producing on its production possibility frontier

Hence productive efficiency happens when production is reportedly occurring along a production possibility frontier (PPF).

7 0

3 years ago

Folio Company estimates total manufacturing overhead costs to be $80,000 for the year and estimates direct labor hours to be 4,0

gregori [183]

Answer:

Allocated Overhead= $76,000

Explanation:

Giving the following information:

Estimated overhead for the period= $80,000

Estimated direct labor hours= 4,000 for the same period

Actual direct labor hours for the period are 3,800.

First, we need to calculate the estimated overhead rate. Then, we can determine the amount of overhead allocated to work in process for the period.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 80,000/4,000= $20 per direct labor hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 20*3,800= $76,000

8 0

2 years ago