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Hunter-Best [27]
4 years ago
11

When a bond is sold at a​ discount, the maturity value is less than the present value of the principal and interest​ payments, b

ased on the market rate of interest on the date of issue.True / False.
Business
1 answer:
sweet [91]4 years ago
5 0

Answer:

given statement is False

Explanation:

solution

As given bond sold at the​ discount

maturity value less than present value

but maturity value can not be less than present value of principal and interest

because bond sold at the​ discount

if bond sold at the​ discount  than maturity value will be greater than the resent value of future cash​ flow

so we can say that given statement is False

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The process that facilitates the placement of orders and identifies, attracts, and builds relationships with external customers
Papessa [141]

Answer:

customer relationship process

Explanation:

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8 0
3 years ago
Assume that the future value of an ordinary annuity is $3,246, the annual payment is $1,000, and the interest rate is 8 percent.
olga_2 [115]

Answer: b. 3 years

Explanation:

Based on the future value of $3,246 and the annual payment of $1,000, one can guess that the number of payments (years) till the future value is reached will be 3 years.

Plug 3 years in to find out if you are right;

= Annuity * (( (1 + r)^n - 1) / r)

= 1,000 * (( ( 1 + 8%)³ - 1) / 8%)

= $3,246

<em>Answer is proven to be 3 years. </em>

5 0
3 years ago
John, Paul, Mark, and Luke have been operating an LLC, and according to the operating agreement, the term of the LLC is set to e
Harlamova29_29 [7]

Answer with its Explanation:

The partners of Limited Liability partnership are obliged to pass a resolution about the continuing of business or abandoning business. The resolution requires majority vote, which is three fourth majority.

If they want to revisit the terms and conditions for each partners of the business then they will have to form a new agreement on new terms and conditions for business purposes. The new terms might include the new deadline for expiration date of partnership or extension of partnership date.

3 0
4 years ago
For a non-current asset to be classified as held-for-sale the asset must be: In saleable condition Converted to cash through use
stepan [7]

Answer:

The answer is it must be highly possible to be sold.

Explanation:

For a non current asset to be classified as held-for-sale, the following must be satisfied:

1. The asset must be available for immediate sale in its present state(condition) and location.

2. The asset's sale is expected to be completed within a year(12 months) as 'held for sale'

3. The sale of the asset must be highly probable(through management's commitment to the sale of the asset and the existence of active marketing for the asset)

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3 years ago
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3 0
4 years ago
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