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Ket [755]
4 years ago
10

Suppose that you purchase a 91-day Treasury bill for $9,850 that is worth $10,000 when it matures. The security's annualized yie

ld if held to maturity is about
A) 4 percent.
B) 5 percent.
C) 6 percent.
D) 7 percent
Business
1 answer:
bagirrra123 [75]4 years ago
3 0
The answer is C) 6 percent.
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This resume format focuses on the task or skills that an applicant can preform :
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The correct answer is B.

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3 0
4 years ago
Builtrite has two bond issues outstanding(sold two separate groups of bonds over the years). One issue has a 7 year maturity and
baherus [9]

Answer:

C

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From the question we can observe that the two bonds have required return less than coupon rate. Hence we can conclude that, both are premium bonds. The 7-years bond however. will have closer price to par value.

Bond prices will gradually decrease as we have a decrease in years to maturity. This means that the closer the year to maturity, the lesser the value of the bond price

4 0
3 years ago
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Lana71 [14]

D. The child protective service unit.

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8 0
3 years ago
Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $47000. If the b
LekaFEV [45]

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In the given case, we can calculate it as follows :-

Bad debt expense = estimated uncollectible accounts - allowance

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3 0
3 years ago
On October 12, 2006, Lowell Corporation invested $600,000 in short-term available-for-sale marketable securities. The market val
gavmur [86]

Answer:

option D

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In financial statements In balance sheet short term investment available for sale of securities should be reported on fair value of investment and unrealized gain or loss should be included in stockholder's equity.

so in this question 660,000 should be reported as asset investment in marketable securities and (660000-600000) = 60000 unrealized gain should be reported in stockholder's equity.

The asset Investments in Marketable Securities at $660,000, and a $60,000 Unrealized Holding Gain included in total stockholders' equity

6 0
3 years ago
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