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erma4kov [3.2K]
3 years ago
15

A bond’s is generally $1,000 and represents the amount borrowed from the bond’s first purchase. • A bond issuer is said to be in

if it does not pay the interest or the principal in accordance with the terms of the indenture agreement or if it violates one or more of the issues restrictive covenants. • The contract that describes the terms of a borrowing arrangement between a firm that sells a bond issue and the investors who purchase the bonds is called . • A bond’s gives the issuer the right to call, or redeem, a bond at specific times and under specific conditions. What is the coupon interest rate of this bond?
Business
1 answer:
mihalych1998 [28]3 years ago
5 0

Explanation:

1. A bond's face or maturity value is generally $1,000 and represents the amount borrowed from the bond's first purchaser.

2. A bond issuer is said to be in default if it does not pay the interest or the principal in accordance with the terms of the indenture agreement or if it violates one or more of the issue's restrictive covenants.

3. A bond contract feature that requires the issuer to retire a specified portion of the bond issue each year is called a singing fund provision.

4. A bond's call provision gives the issuer the right to call, or redeem, a bond at specific time and under specific conditions.

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Which of the following statements about retirement planning trends is correct?
oee [108]

Answer: the Correct answer is Option D

D. 2 and 3

Explanation:

2. The change in the number of defined benefit plans has resulted in a shift in risk from employers

to employees.

3. The increased life expectancy, combined with reduced annuitized benefits has increased the risk

of superannuation for retirees.

4 0
2 years ago
Assume that Jose is indifferent between investing in a corporate bond that pays 10 percent interest and a stock with no growth p
ddd [48]

Answer:

e. None of these.

Explanation:

Step 1. Given information.

Taxable Dividend Yield = 9.7%

Tax rate on Dividend yield=15%

Interest rate=10%

Let Tax rate on Interest=X

Step 2. Formulas needed to solve the exercise.

Interest rate * (1 - x) = taxable dividend yield ( 1 - tax rate on dividend yield)

Step 3. Calculation.

0.10*(1-x)=0.097*(1-0.15)

0.10-0.10x=0.08245

0.10x=0.01755

x=0.01755/0.10

=0.1755

=17.55%

Step 4. Solution.

e. None of these.

7 0
3 years ago
When the price of a normal good increases,
Lostsunrise [7]

Answer:

d. both the income and substitution effects encourage the consumer to purchase less of the good.

Explanation:

The income effect is the effect on the income when there are price changes. When the price increases, people can buy less products with the same income which means that the consumer will be encouraged to purchase less goods.

The substitution effect says that an increase in the price of a product will make customers to buy other similar products which will make them to purchase less of the good with the higher price.

4 0
3 years ago
Rinetin corporation has been falsifying its financial statements for the past year. the staff in the accounting department of th
max2010maxim [7]

The accountants who conducted the audit in the Rinetin Corporation who fail to discover the falsification of the company's financial statements for the past year because of their negligence will be held civilly liable under Section 11(a) of the Securities Act of 1933.





8 0
3 years ago
rief Exercise 6-11 In Marshall Company, data concerning two products are unit contribution margin—Product A $10, Product B $12
iren [92.7K]

Answer:

Product A -$5

Product B-$4

Explanation:

Apart from the contribution for products A and B given in the question,the other details are the machine hours required to produce one unit of A and B,which implies that the limited resource is the machine hour provided alongside the contribution

The contribution per unit of limiting factor or resource is computed thus:

                                                                      Product A                   Product B

Contribution                                                           $10                          $12

Limiting resource(hour)                                            2                              3

Contribution/resource(contribution/resource)        $5                          $4  

In other words it would be better to give product preference in production since it has a higher contribution per unit of scarce resource                    

8 0
3 years ago
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