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3 years ago

"liabilities are obligations denominated in precise monetary terms." do you agree or disagree? Explain.

Business

2 answers:

alexgriva [62]3 years ago

6 0

Answer:

<h2>Disagree.</h2>

Explanation:

Liability refers to an obligation, generally speaking.

This concept often refers to a company's legal financial debts or obligations that appear during the company operations. However, not only refer to monetary term. Obligations can also imply goods or services. That's why the answer here must be "disagree", because the given statement defines it just in monetary terms.

Therefore, liability includes loans, mortgages, deferred revenues, accounts payable, goods and services which depend on the type of corporation.

Korolek [52]3 years ago

4 0

Disagree. Liabilities can be met in ways other than money.

In accounting, a liability is a debt that is owed and must be payed with money, but there are also legal liabilities and other obligations that are not monetary.

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3 years ago

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3 years ago

A U.S. Treasury bond pays a 4.5% coupon rate, has a $1,000 par value, and matures 30 years from now in 2050. The bond’s bid quot

VLD [36.1K]

Answer:

yield of maturity =3.60 %

Explanation:

given data

face value FV = $1000

coupon rate r = 4.5%

no of compounding peryear = 2

time period t = 30 year

solution

first we get here interest per period that is PMT

PMT = FV × r ÷ 2

PMT = 1000 × 4.5% ÷ 2 = 23

now we get here bond value that is

bond value = 1000 × (116 + $\frac{12}{32}$ )%

bond value = 1163.75

and

number of compound period till the maturity will be NPER

NPER = no of compounding peryear × time period

NPER = 30 × 2 = 60

so now we get here yield of maturity by excel formula that is

yield of maturity = RATE(NPER,PMT,-PV,FV) × 2

yield of maturity = RATE(60,22.5,-1163.75,1000) × 2

yield of maturity =3.60 %

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3 years ago