Answer:
a. Premium
b. Discount
c. Discount
Explanation:
a. Valley issued $300,000 of bonds with a stated interest rate of 7 percent. At the time of issue, the market rate of interest for similar investments was 6 percent.
Premium (discount) = Bond's stated interest rate - Market rate of interest for similar investments = 7% - 6% = 1% premium
Therefore, Valley's bond will sell at a premium.
b. Spring issued $220,000 of bonds with a stated interest rate of 5 percent. At the time of issue, the market rate of interest for similar investments was 6 percent.
Premium (discount) = Bond's stated interest rate - Market rate of interest for similar investments = 5% - 6% = -1% discount
Therefore, Spring's bond will sell at a discount.
c. River Inc. issued $150,000 of callable bonds with a stated interest rate of 5 percent. The bonds were callable at 102. At the date of issue, the market rate of interest was 6 percent for similar investments.
Premium (discount) = Bond's stated interest rate - Market rate of interest for similar investments = 5% - 6% = -1% discount
Therefore, River Inc.'s bond will sell at a discount.
In self managed teams, there is an expectation of increased productivity and quality of work life because employees are delegated greater authority and granted increased autonomy.
<h3>What is self managed team?</h3>
Self-managed team includes group of people a that work together to render a service or to sell and produce a good.
They do not work under any manage or require managerial supervision.
Therefore, In self managed teams, there is an expectation of increased productivity and quality of work life because employees are delegated greater authority and granted increased autonomy.
Learn more on self managed team
brainly.com/question/7199325
The answer is true because you don’t always have to increase your expenses .
Answer:
The price of the stock is $66.5
Explanation:
The constant growth model of the DDM approach will be used to calculate the price of such a stock today.
The formula for the constant growth model is,
P0 or V = D0*(1+g) / r - g
As the growth rate in the company's dividedn is negative, the growth rate will be -5%.
The price of the stock is,
P0 = 11.9 * ( 1 - 0.05) / 0.12 + 0.05
P0 = $66.5
Answer:
$30,000
Explanation:
The computation of the warranty expense record this year is shown below:
= Sales revenue × estimated percentage
= $600,000 × 5%
= $30,000
We simply multiplied the sales revenue with the estimated percentage given in the question so that the accurate amount can come.
All other information which is given is not relevant. Hence, ignored it
