1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alexxx [7]
3 years ago
12

When a financial instrument includes a _________ provision, allowing the issuer to the option to retire the financial instrument

prior to its maturity, the financial instrument generally carries a higher interest rate.
Business
1 answer:
Oduvanchick [21]3 years ago
8 0

Answer:

The correct word for the blank space is: callable.

Explanation:

A Callable Provision -typically referred when talking about bonds- is one that can be paid back to the issuer partially or in full before its maturity date. This provision allows the financial instrument issuer to replace higher than market instruments with ones lower.

You might be interested in
Cranford Company completed and transferred out 2,700 units in May 2016. There were 300 units in the Work-in-Process Inventory on
Lynna [10]

Answer:

The cost of the work transferred-out during May is $18,630

Explanation:

For computing the cost of work transferred, first we have to compute the conversion cost per unit and material cost per unit

The conversion cost per uni = Conversion cost ÷ (transferred units + work in progress)

= $11,160 ÷ (2,700 + 300 × 30%)

= $11,160 ÷ (2,700 + 90)

= $11,160 ÷ 2,790

= $4 per unit

Now, material cost per unit = Material cost ÷ (transferred units + work in progress)

= $8,700 ÷ (2,700+300)

= $8700 ÷ 3,000

= $2.9 per unit

So, total cost of the work transferred is equals to

= Transferred units × conversion cost per unit + transferred units × material cost per unit

= 2,700 × $4 + 2,700 × $2.9

= $10,800 + $7,830

= $18,630

Hence, the cost of the work transferred-out during May is $18,630

6 0
3 years ago
What is a example of good customer service?
PtichkaEL [24]

Answer:

Jet blue= thanks frequent customers with small gesturer

Tesla= meet your customers where they r at

7 0
3 years ago
Google has written down the following: "to organize the world's information and make it universally accessible and useful." This
qaws [65]

Answer:

<h2>Mission Statement</h2>

Explanation:

A brief description of a company's purpose is called mission statement, it tells about the company's purpose for the public and employees. It varies from company to company as because every company describes it differently.

A mission statement is important as it serves as a base line for everyone in the organisation. It serves as the basis for effective business planning. Mission statements are used in  marketing as they are a company's public face. Companies also include them on their websites.  A good mission statement can inspire, surprise and transform your business

7 0
4 years ago
What are a firms four major financial needs?
TEA [102]
Here are the four major needs:

7 0
4 years ago
What is is the most important factor in what a nation produces and trades
Serga [27]
 <span>The most important factor is currency exchange rate.</span>
5 0
4 years ago
Other questions:
  • On May 20, the board of directors for Auction declared a cash dividend of 50 cents per share payable to stockholders of record o
    15·1 answer
  • When problems arise, you may talk to your supervisor or use the company’s ___________. A. Employee benefits B. Litigation policy
    5·1 answer
  • Suppose you need $1 million dollars to start your dream business. Describe two ways you would generate the funds needed to start
    13·1 answer
  • A ____ is a document sent with your résumé to provide additional information on your skills and experience. It provides detailed
    15·2 answers
  • Book value per share may not approximate market value per share because:
    12·1 answer
  • The school production of​ 'Our Town' was a big success. For opening​ night, 501 tickets were sold. Students paid ​$3.00 ​each, w
    14·1 answer
  • When you ____________ you spend money on something with the expectation that it will return a greater value in the future.
    9·2 answers
  • Crystal Charm Company makes handcrafted silver charms that attach to jewelry such as a necklace or bracelet. Each charm is adorn
    6·1 answer
  • Producing output at the lowest possible total cost per unit of production is: Multiple choice question.
    7·1 answer
  • Question is in the image below! please help!
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!