Answer:
market price of bonds = $219,597.35
Explanation:
Since the coupon rate is higher than the market rate, the bonds will be sold at a premium.
PV of face value = $200,000 / (1 + 3%)³⁰ = $82,397.35
PV of coupon payments = $7,000 x 19.600 (PV annuity factor, 3%, 30 periods) = $137,200
market price of bonds = $219,597.35
Answer:
The residuary clause
Explanation: As Mary would like to leave the balance of her estate to her brother tom this will fall under the residuary clause.
Answer:
WILL YOU PAY ME IF I TELL YOU THE ANSWER
Explanation:
Answer:
Net sales revenue= 220,100
Explanation:
Giving the following information:
Sales, gross $ 245,000
Sales returns and allowances $ 20,000
Sales discounts 4,900
Sales salaries expense 10,900
<u>Sales salaries expense is not a part of the net sales in a multiple-step income statement. The net sales are as follow:</u>
Sales= 245,000
Sales returns and allowances= (20,000)
Sales discounts= (4,900)
Net sales revenue= 220,100
When a treaty is signed between nations to lower tariffs and improve imports, this is a free trade agreement. This is <u>True</u>.
<h3>What is a free trade agreement?</h3><h3 />
Sometimes nations get together and discuss a treaty that will allow for trade to be easier between them.
To this end they will reduce tariffs, and other barriers to trade. This is to encourage free trade between the nations. This treaty is a free trade treaty.
Find out more on barriers to trade at brainly.com/question/1326741.