Answer:
carrying value after 2 years = $967.64
Explanation:
the journal entry to record the purchase of the bond:
Dr Investment in bonds 1,000
Dr Premium on investment in bonds 41.60
Cr Cash 1,041.60
Assuming a straight line amortization, the yearly amortization = $41.60 / 9 years = $4.62 per year
carrying value at moment of purchase = $958.40
carrying value after 1 year = $963.02
carrying value after 2 years = $967.64
Buying and selling are at the centre of trading strategies that involve buying on one asset while selling another. Investors can also sell an asset in order to cut their losses. They may do this if one of there asset is dropping in value and they don't expect it to rise ever again.
The lack of opportunity ti be one's boss
Answer: Option A
Explanation: In simple words, it refers to the pricing strategy in which the firm initially charge a lower price of product to attract the customers and make a strong position in the market.
Hence it is effective only on those markets where the customer gives value to price more than the quality and assurance he is getting from the existing product.
Thus, from the above we can conclude that the correct option is A.
A. falls is the best option