Answer:
The amount to be received onthe coupon date is $154000.
The amount to be received at bonds maturity is $4154000.
Explanation:
amount received on the next coupon date = 4000*$1000*7.7%*6/12
= $154000
amount to receive when the bonds mature = face value + interest
= 4000*$1000 + $154000
= $4,000,000 + $154000
= $4154000
Therefore, the amount to be received onthe coupon date is $154000 and the amount to be received at bonds maturity is $4154000.
Answer:
c. The statement is false because the demand for incandescent light bulbs would increase as the price of compact fluor. light bulbs fell.
Explanation:
If improvements in production technology reduce the price of incadescent light bulbs, the normal thing that would happen is that demand for this good would increase, because now people will be able to buy the good at a lower price.
The MyPlate Food Guidance System recommends eating 1/2 of the needed grain ounce equivalents, as whole grains.
This is true. You can use the acronym FANBOYS to remember <span />