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3 years ago

The practice of making false statements about a property in order to lower its value and increase the buyer’s profit is called:

Business

1 answer:

ArbitrLikvidat [17]3 years ago

3 0

Answer:

Blockbusting

Explanation:

The practice of making false statements about a property in order to lower its value and increase the buyer’s profit is called Blockbusting. Blockbusting is the method of convincing landlords to sell estate cheaply, which was done by the U.S. property agents and construction developers and they do this by developing terror in the people that people with different racial and class will be soon relocating in the neighborhood and hence benefiting via reselling at a more expensive cost.

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Builtrite has two bond issues outstanding(sold two separate groups of bonds over the years). One issue has a 7 year maturity and

baherus [9]

Answer:

Explanation:

Here, we want to select which of the given options in the question is true/correct.

From the question we can observe that the two bonds have required return less than coupon rate. Hence we can conclude that, both are premium bonds. The 7-years bond however. will have closer price to par value.

Bond prices will gradually decrease as we have a decrease in years to maturity. This means that the closer the year to maturity, the lesser the value of the bond price

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3 years ago

Suppose an individual makes an initial investment of $2,000 in an account that earns 8.4%, compounded monthly, and makes additio

Akimi4 [234]

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3 years ago

Jan. 27 Received Lee's payment for principal and interest on the note dated December 13.

Vlada [557]

Question Completion:

Dec. 13 Accepted a $9,500, 45-day, 8% note dated December 13 in granting Miranda Lee a time extension on her past-due account receivable.

Answer:

Journal Entries:

Jan. 27 Debit Cash $9,595

Credit Notes Receivable (Miranda Lee) $9,500

Credit Interest Revenue $95

To record the full settlement of note and interest.

Mar. 3 Debit Notes Receivable (Tomas Company) $5,000

Credit Accounts Receivable (Tomas Company) $5,000

To record the acceptance of a 10%, 90-day note.

17 Debit Notes Receivable (H. Cheng) $2,000

Credit Accounts Receivable (H. Cheng) $2,000

To record the acceptance of a 30-day, 9% note

Apr. 16 Debit Accounts Receivable (H. Cheng) $2,015

Credit Notes Receivable (H. Cheng) $2,000

Credit Interest Revenue $15

To record the dishonoring of Cheng's note.

May 1 debit Allowance for Doubtful Accounts $2,105

Credit Accounts Receivable (H. Cheng) $2,015)

To record the write-off of H. Cheng's account.

June 1 Debit Cash $5,125

Credit Notes Receivable (Tomas Company) $5,000

Credit Interest Revenue $125

To record the full settlement of Tomas' account.

Explanation:

a) Data and Calculations:

Jan. 27 Cash $9,595 Notes Receivable (Miranda Lee) $9,500 Interest Revenue $95

Mar. 3 Notes Receivable (Tomas Company) $5,000 Accounts Receivable (Tomas Company) $5,000, 10%, 90-day note

17 Notes Receivable (H. Cheng) $2,000 Accounts Receivable (H. Cheng) $2,000 30-day, 9% note

Apr. 16 Accounts Receivable (H. Cheng) $2,015 Notes Receivable (H. Cheng) $2,000 Interest Receivable $15

May 1 Allowance for Doubtful Accounts $2,105 Accounts Receivable (H. Cheng) $2,015)

June 1 Cash $5,125 Notes Receivable (Tomas Company) $5,000 Interest Revenue $125

Interest amounts

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2 years ago

Bond Yields and Rates of Return A 30-year, 10% semiannual coupon bond with a par value of $1,000 may be called in 4 years at a c

Nookie1986 [14]

Answer:

The bond's yield to maturity is 9.45% using Excel to get exact values, and 9.59% using approximate method.

Explanation:

We can calculate is using 2 ways, using Excel to get the exact percentage or with approximate methods, calculating the semi-annual Yield to Maturity using the following formula

$YTM_{sm} =\cfrac{PMT+\cfrac{FV-PV}n}{\cfrac{FV+PV}2}$