Answer:
(D)U.S. Treasury Bills
Explanation:
T-Bills do not have a reinvestment risk because they cannot be reinvested. They are short-term investment options (usually a year), that do not have regular interest payments like a bond, and whose gain for the investor lies in the value that is paid when the t-bill reaches maturity.
Answer:
$8,000
Explanation:
The following compensation cost shall be recognised in the accounts of the Company as at December 31, Year 1 in respect of employee share options:
5,000*8*1/5=$8,000
In the above calculation, 5000 represents number of share granted to employee,8 represent the fair value of the option at the grant dated and 1/5 represent first year of the 5-year requisite service condition for the exercise of share options.
Answer:
enforceable because it has been expressly ratified by Melissa.
Explanation:
A contract is defined as a legally binding agreement between parties, and is enforceable on both parties involved. There is usually an offer and acceptance to make the contract valid and enforceable. It can involve exchange of goods and services, or future promise to exchange goods and services.
In this instance bMelinda agreed with Umberto that she will buy a car from him when she turns 18 years. The condition to the contract was Melinda turning 18 years.
She has ratified this condition so the contract is now enforceable.
Answer, 4
Explanation: I got it right in odyssey ware
Answer:
PV= $259.89 million
Explanation:
Giving the following information:
Future Value= $800 million
Number of periods= 21 years
Relevant discount rate= 5.5 percent
<u>To calculate the present value, we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= 800/1.055^21
PV= $259.89 million
