Hey according to me c 27 is the answer...
Answer:
$0, income statement s not affected.
Explanation:
The purchase and resale of treasury stock does not affect the income statement. When a company's treasury stock is resold, additional paid-in capital increases (if the stock were sold at a price above cost) or decreases (if the stock were sold at a price below cost).
Answer: Contracts
Explanation: Because the 2 parties are coming to a contractual agreement.
Answer:
1. A) Gold coins
2. B) food stamp
3. Gold coins
Funds in a checking account
Funds in a savings account
100 shares of Google stock
Grocery Store Coupons
Food stamps
Explanation:
Money is legal tender that is generally acceptable for transaction within a geographical location mostly a country.
Gold coins is a form of money that is accepted it can be use for transaction immediately.
Funds in checking and savings accounts :-money is available but not in cash or coin, a card is needed to make of the money.
100 shares of google stock:- this is an investment that will yield dividend over a period of time, its not available for use at the moment.
Grocery store coupons is restricted to a specific grocery store and has no value outside.
Food stamp is not generally acceptable outside the designated points.
Answer:
2.11%
YTM 0.089142162
YTC 0.068070103
Difference: 0.021072059 = 0.0211 = 2.11%
Explanation:
To calculate each rate we must solve for a rate at which the future coupon payment and maturity (or call value) equals the market price:
This is solve for excel and goal seek tool
It could also be solve with a financial calculator
YTC:
Coupon payment: $ 120
time 5 yeaars
rate 0.068070103 (solved with excel)
PV $494.5766
Maturity: $ 1,050 (call price)
time 5.00
rate 0.068070103
PV 755.42
PV c $494.5766
PV m $755.4235
Total $1,250.0002
YTM:
Cuopon payment: $ 120
time 15 years
rate 0.089142162 (solved with excel)
PV $972.2006
Maturity $ 1,000.00
time 15 years
rate 0.089142162 (solved with excel)
PV 277.80
PV c $972.2006
PV m $277.7995
Total $1,250.0001