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makkiz [27]
3 years ago
10

The following information is from the December 31, 2017 balance sheet of Jackson Corporation

Business
1 answer:
blsea [12.9K]3 years ago
7 0

Answer:Average issue price = $105--b

Explanation:

Preferred stock , $100 par = $260,000

number of shares issued =Preferred stock / par value preferred stock= =$260,000 / $100 = 2,600 shares

Paid in capital in excess of par = total issued price - preferred stock

total issued value =  paid in capital in excess of par preferred stock + preferred stock = 14,000 + 260,000=$274,000

Average issue price = Total issue price / number of shares issued = $274,000/ 2600= 105.38 =  $105

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All of the following statements regarding Government National Mortgage Association (GNMA) pass-through securities are true EXCEP
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Answer:

B) GNMAs are considered to be the riskiest of the agency issues

Explanation:

The Ginnie Mae or GNMA pass through securities are mortgage backed. The Great recession taught us that mortgage backed securities are not always 100% secure, but they are still considered secure investments basically because they are guaranteed by the US government. They are similar to the securities sold by the US Treasury.

Ginnie Mae basically guarantees mortgages using federal funds (from Federal Housing Administration and Department of Veterans Affairs).

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Sarah's company encourages her to tolerate ambiguity and reward her employees for taking risk. In​ addition, she often has descr
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Answer:

Innovative company culture

Explanation:

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3 years ago
What are the 4 phases in doing research?describe each phase <br>(for psychology)​
mojhsa [17]

Answer:

•Discovery

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Explanation:

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3 0
3 years ago
What is the current yield for a $1000 corporate bond that pays 8.0 percent and has a current market value of $870?
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The current yield for a corporate bond = 9.19 %

Calculation :

Amount of annual interest = face value × rate of interest

                                         =  $1000 × 8.0

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Then, Current yield = amount of annual interest / current price

                                 = 8000%  ÷ $870

                                = 9.19 %

Do corporate bonds pay interest?

Corporate bonds pay interest semi-annually, which suggests that, if the coupon is five percent, each $1000 bond can pay the bondholder a payment of $25 every six months--a total of $50 per year

What Is the Current Yield?

Current yield is an investment's annual income (interest or dividends) divided by the present price of the security. This measure examines the present price of a bond, instead of looking at its face value.

Learn more about current yield :

brainly.com/question/12909555

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4 0
1 year ago
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The correct option is D.
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3 years ago
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