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Arlecino [84]
3 years ago
15

A __________ bond can be paid off early at a specified price.

Business
1 answer:
Llana [10]3 years ago
8 0
A callable bond can be paid off early at a specified period.
There are also other types of bond revenue bond, municipal bond, put bond etc.
A callable bond is also called a redeemable bond. These bonds offer higher coupon rates. We can calculate the price of callable bond by using this formula:
price of callable bond = price of straight bond - price of call option

You might be interested in
On April 1, 9,000 shares of $7 par common stock were issued at $26, and on April 7, 5,000 shares of $70 par preferred stock were
Mariana [72]

Answer:

Apr 1

DR Cash $234,000  

CR Common stock   $63,000

CR   Paid in capital in excess of par - Common Stock  $171,000

<em>(To record issuance of common stock)</em>

 

Apr 7

DR Cash $540,000  

CR Preferred stock   $350,000

CR Paid in capital in excess of par - Preferred Stock  $190,000

<em>(To record issuance of preferred stock)</em>

 

Explanation:

April 1

Cash

9,000 * 26 = $234,000

Common stock

9,000*7 = $63,000

April 7

Cash

5,000*108 = $540,000

Preferred stock

5,000*70 = $350,000

7 0
3 years ago
____________ refers to a consolidated network of business leadership whose concerns go beyond narrow decision-making within sing
sertanlavr [38]

Answer:

A. Institutional Capitalism

Explanation:

Institutional capitalism is the phenomenon whereby large institutions holds large share of the capitalistic enterprise. Capitalism in itself has to do with private companies having their own ownership of the production process. In this case, the capitalistic enterprise is done on the basis of institutional shareholding.

8 0
3 years ago
A ____________________ is a strategy of increasing market share for present products in existing markets.
Alik [6]

As a strategy, market penetration is used when the business seeks to increase sales growth of its existing products or services to its existing markets in order to gain a higher market share.

5 0
2 years ago
The following transactions occur for the Hamilton Manufacturers.
Radda [10]

Answer:

The answer is stated below:

Explanation:

The accounting equation is as follows:

Assets = Liabilities + Stockholders' Equity

Analyzing the transactions:

1. The service is provided to customer on account, which result in increase in assets and the stockholders' equity

So,

Assets        =   Liabilities        +  Stockholders' equity

+ $4,000    = $0                     +  +$4,000

2. The equipment is purchased by signing a note, which result in increase in liability and also increase in the assets.

So,

Assets        =   Liabilities        +  Stockholders' equity

+ $10,500  =   +$10,500         + $0

3. Paid for the advertising, which result in decrease in cash as well as decrease in the equity of the company.

So,

Assets        =   Liabilities        +  Stockholders' equity

- $1,200    = $0                        +  -$1,200

7 0
3 years ago
Which of these is the best reason for Nina to monitor her bank account statements online or on her cell phone app?
Amiraneli [1.4K]

Answer: D:to know how much money she has for budgeting

Explanation:

The options include:

A:to organize when to pay to bills

B:to determine the exact date she can retire

C:to ensure she's paying her fair share in taxes

D:to know how much money she has for budgeting.

The best reason for Nina to monitor her bank account statements online or on her cell phone app is to know how much money she has for budgeting.

Monitoring ones account online will enable one to know the amount that one has in the account and this can ensure that one makes adequate plans on how to spend the money through budgeting.

6 0
2 years ago
Read 2 more answers
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