Answer:
A Bond's current market value represented by 
is the present value of a bond as on today. Present value of a bond is it's future cash flows in the form of coupon payments and principal repayment discounted at investor's expectation in the market also referred to as Yield to maturity(YTM).
Present value of a bond is given by the following equation,
where C= Annual coupon payments
YTM = Yield to maturity/ cost of debt/ market rate of return on similarly priced bonds
RV = Redemption value of bond
n = number of years to maturity
<u>a. A bond's coupon rate is higher than it's yield to maturity, then the bond will sell for more than face value.</u>
Hence, if the company pays more interest than what is paid in the market on similarly priced bonds, such bonds shall sell at more than their face value.
<u>b. If a bond's coupon rate is lower than it's yield to maturity, then the bond's price will increase over it's remaining maturity.</u>
Similarly, if a bond pays lower rate of interest than the market rate of interest on similarly priced bonds, the bond shall sell at lower than it's face value and the price will increase over the remaining life of such bonds.
Answer:
Paid -in Excess capital as on December 31, 2021 $124 million
Explanation:
The computation of the amount reported as a additional paid-in capital is shown below
For Jan 1, 8 million × $15 $120 million
For June 3, 2 million × $18 ($36 million)
For December 28, 2 million × $20 $40 million
Paid -in Excess capital as on December 31, 2021 $124 million
<span>The shortest possible time an activity can be completed realistically is called crash time. In project management crash time is a method that is used to shorten the length of a project. To do this, the team will decided on a crucial part of the project they can complete in less time than normal. This speeds up the projects completion time and allows for more work to be completed. </span>
Answer:
D. Direct materials is a variable cost and rent expense is a fixed cost.
Explanation:
- As clearly seen from the data the direct material cost is varying but the rent cost is fixed cost.
Answer:
D
Explanation:
when pay becomes high with respect to several executives or just one, the resources and expense needed to keep the business growing....will be shortened
