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oee [108]
3 years ago
14

On July 1, 2012, you purchase a $10,000 par T-note that matures in five years. The coupon rate is 8 percent and the price quoted

is 98.1875. The last coupon payment was May 1, 2012, and the next payment is November 1, 2012 (184 days total). The accrued interest is ______.
Business
1 answer:
Hunter-Best [27]3 years ago
6 0

Answer:

$132.61

Explanation:

132.61 ((8%/2) x 10,000) x (61 days since last coupon/184) = $132.61

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A number of separate but interdependent budgets that formally lay out the company's sales, production, and financial goals and that culminates in a cash budget, budgeted income statement, and budgeted balance sheet is master budget.

The lower-level budgets, cash flow projections, budgeted financial statements, and financial plans of an organisation are all included in the master budget, which is a thorough financial planning document. It is often created by a company's budget committee under the direction of the budget director.

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Answer:

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Explanation:

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Explanation:

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3 years ago
Because cash transactions occur more frequently than other transactions, there is more chance for making recording errors affect
Fiesta28 [93]

Cash transactions are more likely to be recorded incorrectly than other types of transactions since they happen more frequently.

<h3>What do you name a transaction?</h3>

A transaction is what? An executed contract between such a seller and a buyer to trade goods, services, or capital instruments in exchange for money is known as a transaction. The phrase is also frequently used in business accounting. In corporate bookkeeping, this easy notion could be difficult to apply.

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A transaction is the outcome of a contract between such a seller and a buyer. In a trade, the seller exchanges cash for the provision of goods, services, or other financial assets. A company's lifeblood is its financial activities, which enable them to produce a consistent revenue stream and manage cash flow.

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Supply curves are created when the data from a supply schedule is graphed. The correct answer is C. 
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