Today, when a customer orders merchandise from an online vendor, the vendor usually sends an immediate order confirmation messag
1 answer:
You might be interested in
Answer:
The bond's issue (selling) price = $1,146,890.2
Explanation:
The selling price of the bond is equivalent to the present value of all the cash flows that are likely to accrue to an investor once the bond is bought. These cash-flows are the periodic coupon payments that are paid semi anually and the par value of the bond that will be paid at the end of the 10 years.
During the 5 years, there are 10 equal periodic coupon payments that will be made. In each year, the total coupon paid will be and this payment will be split into two equal payments equal to
. this stream of cashflows is an ordinary annuity
The periodic annual market rate is equal to
The PV of the cashflows = PV of the coupon payments + PV of the par value of the bond
=$80,250*PV Annuity Factor for 10 years at 6.5% +
<h2>☃️ <u>Imp</u><u>.</u><u> </u><u>Questions</u><u>:</u></h2>
1) By whom are the Board of Directors elected in the Joint Stock Company?
Answer: The Board of Directors in the Joint Stock Company are elected by the shareholders
2) What is a Joint Stock Company?
Answer: A joint-stock company is a business controlled by its investors, with each investor enjoying a share based on the amount of stock acquired.
Joint-stock companies are formed in order to finance efforts that are too valuable for an individual or even a government to support. The owners of a joint-stock company demand to share in its profits.
3) Which is the business organisation that is found only in India?
Answer: Joint Hindu Family is the business organisation that is found only in India.
4) Who is a secret partner?
Answer: Secret partner is a partner whose membership in a partnership is maintained secret from the public.
5) What is a partner by estoppel?
Answer: A legally obligatory partnership that might result where, in fact, no formal partnership agreement is in force. A person who by rule or words serves or permits him/herself to be represented, as a partner in an enterprise is responsible for the credit or loans acquired by the enterprise on the basis of such representation. Which is also known as the presumption of partnership.
<u>━━━━━━━━━━━━━━━━━━━━</u>