Answer:
The answer is D.
Explanation:
An increase in the market rate of interest of a bond will decrease the market price of the bond. Market rate of interest of a bond is inversely related to the market price of the bond.
For example, A bonds is issued with a higher interest rate, the price of existing bonds will fall because the demand for this bond falls.
Answer:
An example of service is a man or woman who is a US Marine. Service is defined as someone or something that is intended to provide help to those providing assistance to others. An example of service is an elevator in a hotel that is meant to be used by hotel staff.
Explanation:
Answer:
From all indications,it is very clear that the question requires a journal entry to record the unpaid interest.
Dr Interest expense $1125
Cr Interest payable $1125
Explanation:
This is a typical case of an omitted entry in the books of accounts,specifically it relates year-end close accounting adjustments.
Under the accrual basis, which is prevalent in the private sector,expenses are to recorded when incurred not when they are settled in cash,as result it is imperative that the above transaction needs be adjusted by debiting interest expense account and crediting same amount to interest payable account to affirm that the company has an obligation to $1125 to mortgage providers.
What’s the quesitos asking? Like I know it’s a quick sort but like about what?
Answer:
D) a long stock, short call hedge with a limited loss potential.
Explanation:
When you use a short call to hedge a long call, it is called a covered call. In this case, the covered call is used to hedge against possible decreases in the price of the stocks. Since the long call was made, we can assume that the investor believes that it is more likely that the price of the stocks will increase.