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Snezhnost [94]
3 years ago
9

Joe works for a life insurance company that funds commercial investment projects and often insures these projects by insisting o

n an equity position. What type of financing does this describe?
Business
1 answer:
Mademuasel [1]3 years ago
7 0

Answer: Participation

Explanation:

Participation financing is a firm of financing whereby a loan is shared by several parties because such loans are too huge and a party cannot take the loan alone.

Since we are informed that works for a life insurance company that funds commercial investment projects and often insures these projects by insisting on an equity position, this means that participation financing is being practiced.

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Curtis Corporation's noncallable bonds currently sell for $1,165. They have a 15-year maturity, an annual coupon of $95, and a p
azamat

Answer:

The answer is 7.61%

Explanation:

N(Number of periods) = 15 years

I/Y(Yield to maturity) = ?

PV(present value or market price) = $1,165

PMT( coupon payment) = $95

FV( Future value or par value) = $1,000.

We are using a Financial calculator for this.

N= 15; PV = -1165; PMT = 95; FV= $1,000; CPT I/Y= 7.61

Therefore, the Yield-to-maturity of the bond is 7.61%

7 0
4 years ago
In 2016, Akin Company sold 3,000 units at $750.00 each. Variable expenses were $375.00 per unit, and fixed expenses were $130,00
mamaluj [8]

Answer:

338

Explanation:

Break even point = F/ P - V

F = fixed cost

P = price

V = variable cost

Change in fixed cost = $130,000 × 1.17 = $152,100

Change in variable cost = $375.00 × 0.80 = $300

$152,100 / $750.00 - $300 = $152,100 / $450 = 338

I hope my answer helps you

8 0
3 years ago
Lucky started a new business last year. Since it was the first year of operation, the business purchased $10,000 in machinery an
zvonat [6]

Answer:The new machinery must be depreciated using the same method as the previously purchased Machinery.

Explanation:

This is in line with the consistent concept which states a company must be consistent in the application of accounting principles to his activities.

5 0
3 years ago
Currency Transaction Reports mandated by Anti-Money Laundering rules require a report to be filed in which of the following situ
oksian1 [2.3K]

Answer: A -  Throughout the course of the trading day, an investor performs several cash transactions in his account which total $12,000.

Explanation: Currency Transaction Reports mandated by Anti-Money Laundering rules require a report to be filed when any of the below stated transactions occur in an account.

1. If the daily aggregate cash transactions of an individual exceeds $10,000

2. if 2 different transactions within a 12 months period seems related and their aggregate exceeds $10,000 must be reported.

3. Any suspicious customers action that suggest that they are laundering money or otherwise violating federal criminal laws and committing wire transfer fraud, check fraud, or mysterious disappearances should be reported

3 0
3 years ago
Taco Bell test marketed Doritos Locos Tacos for three years and developed 45 prototypes. Once the decision was made to launch th
LuckyWell [14K]

Answer:

Product development.

Explanation:

The product development stage is the initial part of a product life cycle. Market research is carried out at this stage to determine how well the product will sell in the market.

Product development stage involves the creation of a particular product from an idea and then introducing it into the market. Getting feedback about the product from test users is very important in this stage.

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3 years ago
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