Answer:
1. What are the prices of these bonds today?
Price bond X = $1,179.88
Price bond Y = $841.03
2. What do you expect the prices of these bonds to be in one year?
Price bond X = $1,173.97
Price bond Y = $845.40
3. What do you expect the prices of these bonds to be in three years?
Price bond X = $1,160.70
Price bond Y = $855.50
4. What do you expect the prices of these bonds to be in eight years?
Price bond X = $1,116.95
Price bond Y = $891.24
5. What do you expect the prices of these bonds to be in 12 years?
Price bond X = $1,067.47
Price bond Y = $935.24
6. What do you expect the prices of these bonds to be in 16 years?
Price bond X = $1,049
Price bond Y = $1,039
I solved this using an Excel spreadsheet and the NPV function.
Answer:
no........................
Answer:
Dr Cash 1,500
Dr Cash short and over 9
Cr Sales revenue 1,509
Explanation:
Cash short and over is used to adjust any small amount of cash missing after physically counting the cash. It is also used when there is a small amount of extra cash , for example, instead of $1,509, you would have received $1,512. The function of this account is to adjust and balance the transaction.
Complete Question:
When preparing an advertisement, an investment adviser whose principal business is rendering advice to customers about securities, is prohibited from:
Group of answer choices
A. showing past performance
B. using a paid testimonial
C. using illustrative performance charts
D. using the term "investment counsel"
Answer:
B. using a paid testimonial.
Explanation:
When preparing an advertisement, an investment adviser whose principal business is rendering advice to customers about securities, is prohibited from using a paid testimonial by the Securities and Exchange Commission Act.
A paid testimonial can be defined as a written or verbal statement made by an individual for the affirmation of good quality, performance and value of a product such as a stock.
Generally, a paid testimonial endorses an investment adviser but may not be a true reflection of his or her performance in stocks trading and that would negatively impact the customers.
Demand drives the price up. Supply shortages would be cause for offshore drilling. I am an ROV pilot in the Oil & Gas Industry and trust me we have enough supply. There just needs to be more demand for oil.
