Answer:
47,884.79 units of bonds
Explanation:
The units to be sold to arise $87.9 million will be equal to the
$87.9 million / divided by the bond price
The price of a bond is the present value (PV) of the future cash inflows expected from the bond discounted using the yield to maturity. These cash flows include interest payment and redemption value
The price of the bond can be calculated as follows:
Step 1
PV of interest payment
Semi-annual coupon rate = 5.92/2 = 2.96%
Interest payment =2.96%× 2,000= 59.2
Semi annual yield = 6.67%/2 = 3.335
PV of interest payment
= A ×(1- (1+r)^(-n))/r
= 59.2× (1-(1.03335)^(-2×20))/0.03335)
= 1,297.22
Step 2
PV of redemption value
PV = FV× (1+r)^(-n)
= 2,000 × (1+0.03335)^(-2× 20)
= 538.43
Step 3
Price of bond =
= 1297.22 + 538.43
= $1835.65
Step 4
Units to be used
= $87.9 million/ $1,835.65
= 47,884.79 units
The equilibrium price and quantity increases
Answer:c. pierce the corporate veil due to the failure to hold required corporation meetings.
Explanation:Corporation is a form of business operation that declares the business as a separate, legal entity guided by a group of officers known as the board of directors. A corporate structure is perhaps the most advantageous way to start a business because the corporation exists as a separate entity.
Purpose marketing or pro-social marketing trend involving corporate social responsibility involves advertising that focuses on the values, behavior, and beliefs of a company.
<h3>What is
Purpose marketing or
pro-social marketing?</h3>
Marketing's goal is to bring in money for a brand, business, or organization. In close coordination with their sales team, marketing professionals and teams accomplish this by implementing strategic digital initiatives that increase traffic, quality leads, and revenues.
Three main goals of marketing include:
- Attracting the interest of your intended audience.
- Convincing a customer to buy your product.
- Offering the customer a clear, simple, and low-risk action.
To know more about marketing refer to: brainly.com/question/13362236
#SPJ4
Answer:
The correct answer is letter "D": The repayment of bonds issued at face value.
Explanation:
The Cash Flow Statement of financing activities reports all the inflows and outflows of money as a result of investments of the company. If the balance of this statement is positive it means the firm is generating good results. <em>The purchase or sale of securities or the acquisitions of tangible assets, such as properties and equipment</em>, are considered under this category.
<em>The payment of bonds that were sold and issued at face value is registered in the Cash Flow Statement of financing activities as well.</em>
