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borishaifa [10]
3 years ago
5

Fred purchases a bond, newly issued by the Big Time Corporation, for $10,000. The bond pays $400 to its holder at the end of the

first, second, and third years and pays $10,400 upon its maturity at the end of four years. The principal amount of this bond is ___, the coupon rate is ____, and the term of this bond is _____.
A. $400 ; 40%; four years
B. $10,000; 4%; four years
C. $10,000; $400; 4% D. $10,400; 4%; four years
Business
1 answer:
VashaNatasha [74]3 years ago
4 0

Answer: The correct answer is "B. $10,000; 4%; four years".

Fred purchases a bond, newly issued by the Big Time Corporation, for $10,000. The bond pays $400 to its holder at the end of the first, second, and third years and pays $10,400 upon its maturity at the end of four years. The principal amount of this bond is <u>$10000,</u> the coupon rate is <u>4%,</u> and the term of this bond is <u>four years.</u>

<u></u>

Explanation: The maturity of the bond is at 4 years.

Its future value or face value is 10000.

The coupon rate is equal to \frac{Cupon}{Face value} x 100

So Coupon rate = \frac{400}{10000} x 100 = 4%

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3 years ago
Astor Manufacturing stores hazardous and volatile chemicals in its warehouse. The warehouse has state-of-the-art equipment to ma
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Answer:

C. strictly liable for Will's injuries

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In law, Strict liability is a situation when defendant is required to be responsible to a certain situation, but can't be considered as guilty to any violation.

There are two points that need to be highlighted from the case above:

1.  Astor Manufacturing process has fulfilled all of its safety regulation for storing the dangerous product.

2. The dangerous product owned by Astor Manufacturing caused William's injury.

The regulations for hazard management is created by the government, and the leak is not caused by their negligence. It's caused by unexpected natural disaster.  This is why we can't say that Astor is guilty to any violation.

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6 0
3 years ago
For for computation of pre-incorporation profit salary to vendor
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8 0
2 years ago
Interorganizational systems are examples of _____. Select one: a. group information technologies b. private information technolo
vazorg [7]

Answer:

D

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7 0
3 years ago
Target Corporation reported the following information in a recent Form 10-K. Consolidated Statement of Operations ($ millions) F
lisabon 2012 [21]

Answer: See explanation

Explanation:

a. inventory turnover ratio

This will be calculated as:

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7 0
3 years ago
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