Answer:
Explanation:
In order to find the highest amount david can pay or in other words the present value of the investment we would have to discount the cash flows
3000/1.08+3000/1.08^2+3000/1.08^3+3000/1.08^4+3000/1.08^5=11,978
Answer:
False.
Explanation:
A call provision is a stipulation on the contract of a bond that allows the issuer to repurchase and retire debt security. A bind indenture states circumstances that can trigger a call, for example if underlying asset gets to a preset price.
In the question it stated that the bond holder can demand for a call. This is untrue as only the issuer has the right to request a call.
If the bondholder wants to dispose of his shares he will do so through the secondary market and not by requesting a call.
the amount transferred from the retained earnings account to the paid-in capital accounts as a result of the stock dividend.
Answer:
first gate money next get money
