the Federal Reserve Districts is A) twelve banking districts created by the Federal Reserve Act
Answer:
-$40,000
Explanation:
Data provided as the question
FMV = $90,000
Assumed Liability = $80,000
Stock basis = $50,000
The computation of recognize is shown below:-
= FMV of property - Assumed Liability - Stock basis
= $90,000 - $80,000 - $50,000
Recognize Loss = -$40,000
Therefore for computing the recognize loss we simply deduct the assumed liability and stock basis from FMV of property.
Answer:
$300
Explanation:
The 30% of the $1000 deposit is $300.
Answer:
b. 7.28%
Explanation:
This question is asking for the yield to maturity(YTM) of the bond. You can solve this using a financial calculator with the inputs below. Additionally, adjust the coupon payment(PMT) and time to maturity(N) to semiannual basis.
Time to maturity; N = 5*2 = 10
Face value; FV = 1000
Price of bond; PV = -1071
Semiannual coupon payment; PMT = (9%/2) *1000 = 45
then compute semiannual interest rate; CPT I/Y = 3.64%
Next, convert the semiannual rate to annual rate(YTM) = 3.64% *2
YTM = 7.28%