Answer:
11.62%
Explanation:
Note: see the attached excel file for how the realized rate of return is estimated.
Face value = $1,000
Years completed = 9
Coupon rate = 11%
Coupon amount ($) = 110
Call premium = 9%
Call price = 1,090
Realized rate of return = 11.62%
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Answer:
Bonds are a far more important source of financing than are stocks
Explanation:
There is so much of risk associated with the issue of stock. Though it is essential for any business to issue some stock, but bonds are always favorable as they have a defined maturity, defined amount associated, and defined interest payment.
There is no direct payment of interest in bonds but the expense is to be recorded in books as per the matching and accrual principle.
The discounted value of interest to be paid on maturity is recorded.
Further, there is a tax benefit on bond payments.
Answer:
C. Periodicals
Explanation:
In this case the most recommended source for use would be the periodicals.
Periodical publications are scientific publications made in electronic or on paper that address different topics and are published at regular intervals. So this would be a good source to enrich a research project with up-to-date information on the subject that you want to collect information about.
Answer:
Price, Speed, Gas type, Quality, and Reliability
Explanation: