Answer: 299750
Explanation:
Based on no-arbitrage approach, future price should be equal to spot price compounded by risk-free rate.
Spot price = $110
Risk-free rate = 9%
Future price = 110*(1+9%) = 119.9
For 2500 shares = 119.9*2500 = 299750
The largest owner/operator of radio stations in the United States is iHeartMedia. In 2006, this company became a privately owned company.
<h3><u>
What are radio stations?</u></h3>
- Radio broadcasting is the process of sending audio over radio waves to radio listeners in a public setting, sometimes along with accompanying metadata.
- Unlike satellite radio, which uses a satellite in Earth's orbit, terrestrial radio broadcasting uses a land-based radio station to transmit radio waves. The listener needs a broadcast radio receiver to hear the material.
- A radio network with which stations frequently have affiliations provide content in a standard radio format, whether through broadcast syndication, simulcasting, or both.
- Various types of modulation are used by radio stations during transmission: Older analog audio standards like AM and FM are used by radio stations to transmit audio, whereas modern digital radio stations use DAB and other digital audio standards.
Through its division iHeartMedia and subsidiary iHeartMedia and Entertainment, Inc., iHeartMedia, Inc. focuses on radio broadcasting, podcasting, digital, and live events. With more than 850 full-power AM and FM radio stations nationwide, it is the largest radio station owner in the nation.
Know more about radio stations with the help of the given link;
brainly.com/question/9531764
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Other part of question attached
Answer and Explanation:
Answer and explanation attached
Answer: Counter trade
Explanation: In simple words, counter trade or bilateral trade refers to the situation when two entities exchange goods or services with one another without using any money. This kinds of trade does not use money but can be valued in monetary terms.
In the given case, Large co were trading their product for the product of other company. Both the products have their own market value.
Hence from the above we can conclude that they were engaged in counter trade.
Answer:
The journal entry on maturity is as follows:
Dr bonds payable $240,000
Cr cash $240,000
Being redemption of bonds
Explanation:
At the end of the life of the bond,the bond premium or discount would have been fully amortized,hence the only entry left to be made is to debit bonds payable account with face value of the bond and a credit of the same amount to cash account to record the outflow of cash.
The face value of the bond is $240,000,hence the $240,000 is debited to bonds payable in order to finally cancel the debt obligation.
