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attashe74 [19]
4 years ago
9

Mary wants to purchase a 20-year bond that has a par value of $1,000 and makes semiannual interest payments of $40. If her requi

red yield to maturity is 10%, which of the following is closest to how much should Mary be willing to pay for the bond?a. $902
b. $925
c. $1000
d. $828
Business
1 answer:
Alborosie4 years ago
4 0
D is the right answer!









|| explanation:
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Answer:

1. B

2. A

Explanation:

1. the answer is lower higher.

when a note has been discounted, the person who issues it is going to get its value at maturity. in a situation where it does not bear interes, this is the face value and it is going to be reduced by discount. such that the cash received would be lower than the face value. but when it is repaid, effective rate would be higher than the value of the discount.

2. <u>a. The total future cash payments</u><u> </u><u>is</u> what be compared to the carrying amount of the debt to determine if the debtor should report a gain on restructuring. the other options do not answer this question.

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What must a dental assistant have in order to take dental X-rays
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a variable life insurance agent must be licensed and appointed as a life and variable contract agent, as well as an
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<h3>What is a broker-dealer?</h3>

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7 0
2 years ago
You oversee the $250 petty cash for your company. When an employee needs a special item that is not in inventory, you take money
sergey [27]

Answer:

Since this is the first time you have ever done this, is this a problem?

Of course this is a problem, you stole money. Stealing money is not right and it is a problem. If someone finds out, you will lose your job. legally, you could also be prosecuted, but the amount is very little. Another problem is that if you are able to go unpunished and no one finds out, this behavior will continue until you cannot hide it anymore. By then , the amount might be larger, not just a few dollars, and you will be in deep trouble.

If so, what steps should be taken to fix this problem? If not, why not?

Pay back the money you took. Simple as that. Sometimes, doing the correct thing is not difficult. Do not spend money on unnecessary things and pay the $30. Do it before this becomes a bad habit and you get into serious trouble that seriously damage your career. No company will hire someone fired for stealing money form their previous employer.

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