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choli [55]
3 years ago
7

If the market rate of interest is 8%, a $50,000, 7%, 20-year bond that pays interest semiannually would sell at an amount

Business
1 answer:
vesna_86 [32]3 years ago
3 0

Answer:

a. less than face value

Explanation:

In this issue, we will equate the interest rate on the market with the interest rate on the bond.  

As we see, the market interest rate, i.e. 8%, is higher than the bond interest rate, i.e. 8%, than the bond is sold at discount, and if the market interest rate is lower than the bond interest rate than the bond is sold at a premium.

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"Shareholder wealth" in a firm is represented by:
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6 0
3 years ago
At the beginning of the year, the balance in Allowance for Doubtful Accounts is a credit of $760. During the year, $120 of previ
Mekhanik [1.2K]

Answer:

=$140

Explanation:

At the beginning of the year, the account had a credit(positive balance of $760)

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3 years ago
Last week at a​ festival, a man sold 5 times as many​ tie-dyed T-shirts as​ silk-screened shirts. He sold 234 shirts altogether.
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Answer:

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6 0
3 years ago
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Answer:

market

Explanation:

4 0
4 years ago
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A business strategy is the methods by which it embarks to accomplish its coveted finishes (targets). It can essentially be portrayed as a long haul business arranging. Regularly a business methodology will cover a time of around 3-5 years (sometimes considerably more).  

A business strategy is concerned about significant asset issues e.g. raising the finance to fabricate another industrial facility or plant. Strategies are likewise concerned about settling on what items to assign real assets to.

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3 years ago
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