What are the choices, if any?
In most companies, the highest corporate titles would be CEO, COO, Vice President, CFO and/or Manager.
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I think it’s false because no one was buying anything during the depression
It will take 2 years because eaxh year you get 4% of the $2500 which means $100 a year
Answer:
The answer to the question is B I51,753 bonds
Explanation:
The present price of the bond and the total amount to be raised of $170m were used in arriving at the number of bonds to be issued.
n 20
Coupon 6.60%
YTM 7.7%*1000=77
FV 1000
PV ($1,120.25)
The current price of the bond $1,120.25
Total amount to be raised $170,000,000
Number of bonds to be issued=total amount /bond price 151,752 approx...151753
Find attached spreadsheet with formulas so as to be able to follow through.
