Answer:
A Bond's current market value represented by 
is the present value of a bond as on today. Present value of a bond is it's future cash flows in the form of coupon payments and principal repayment discounted at investor's expectation in the market also referred to as Yield to maturity(YTM).
Present value of a bond is given by the following equation,
where C= Annual coupon payments
YTM = Yield to maturity/ cost of debt/ market rate of return on similarly priced bonds
RV = Redemption value of bond
n = number of years to maturity
<u>a. A bond's coupon rate is higher than it's yield to maturity, then the bond will sell for more than face value.</u>
Hence, if the company pays more interest than what is paid in the market on similarly priced bonds, such bonds shall sell at more than their face value.
<u>b. If a bond's coupon rate is lower than it's yield to maturity, then the bond's price will increase over it's remaining maturity.</u>
Similarly, if a bond pays lower rate of interest than the market rate of interest on similarly priced bonds, the bond shall sell at lower than it's face value and the price will increase over the remaining life of such bonds.
Answer:
C.
Explanation:
Retail banking is a banking system that deals directly with retail consumers. Retail banking is responsible for providing financial aid to the general population. The major function of retail banking includes providing financial aid, checking and savings accounts.
Business banks, on the other hand, are also a part of the banking industry. It specifically deals with corporates and businesses, ranging from small-sized businesses to large-sized corporates. The major function of corporate banking or business banking is also to provide financial aid, checking and savings accounts.
Therefore, option C is the correct answer.
Given :
Bud exchanges land with an adjusted basis of $ 22,000 and a fair market value of $ 30,000 for another parcel of land with a fair market value of $ 28,000 and $2,000 cash.
To Find :
What is Bud's recognized gain or loss.
Solution :
This is a transaction of like kind exchange.
So, gain or loss to be recognized is :
Therefore, option B) is correct.
Answer:
Yea janelle like to keep all her savings good for her
Explanation:
This is going to based on the job you are working for, so for instance, if you are working for a doctors office (or you are an on call doctor) you would want to make sure that you leave an emergency contact number for the people calling.
Other jobs it would always be good to leave an alternate number to contact someone when you are out of the office, or just to reach someone to get information or finalize a deal.
You will always want to make sure you leave your name.
Hello, you have reached _____. I am unfortunately not able to come to the phone right now, or I am currently out of the office. Please feel free to contact me via email at
[email protected]__.com or at this number if it is an emergency ___-___-____. I will be sure to give you a call back as soon as possible.
Thank you for calling.
I would recommend writing it down so you know what you are going to say. Practice it some, and smile when you are saying it so you have that pleasant tone.<span />
