Answer:
Hence, the Current Price is $42.85
Explanation:
Given that
Par value = $50
Annual Dividend percentage = 6%
Annual dividend = $50 × 6% = $3
Required rate of return = 7%
based on the above information
The price that should be paid one year from now is
Required Return = Annual Dividend ÷ Current Price × 100
7 = $3 ÷ Current Price × 100
So, the current price is
= $42.85
Hence, the Current Price is $42.85
Answer:
$4,000
Explanation:
Par value of bonds = $2,000,000
Issue price of bonds = $1,960,000
Discount on bonds payable = Par value of bonds - Issue price of bonds
= 2,000,000 - 1,960,000
= $40,000
Semiannual amortization of Discount on bonds payable = Discount on bonds payable/10
= 40,000/10
= $4,000
Answer:
Option D
To me, I think option D is the most preferred answer
Answer:
B. Both the equilibrium price and quantity would increase.
A Chinese student pays tuition at a U.S. University. The Chinese government classifies the transaction as A service import.
<h3>What is
service import?</h3>
A service import is usually transactions of goods and services from non-residents to residents.
In this case, A Chinese student pays tuition at a U.S. University. The Chinese government classifies the transaction as A service import.
Learn more about service import on:
brainly.com/question/13269427
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