Answer:
D.The yield-to-maturity is less than the coupon rate.
Explanation:
Whenever the yield to maturity is less than the bond's coupon rate, bond market value is greater than par value ( premium bond), these applies just as the question states that the premium bond pays $60 in interest annually in seven years and the bond was issued originally 3 years ago at par
in other cases when a bond's coupon rate is less than its yield to maturity, then the bond is selling at a discount and when a bond's coupon rate is equal to its yield to maturity. the bond is selling at par.
Being a new home owner, I can tell you a few tax deductibles. They are:
1. Mortgage interest
2. Property taxes
3 Moving costs
Answer:
Yes
All agreement are contract, but not all agreement are contract.
Explanation:
All agreement are contract, but not all agreement are contract. If an agreement fails to create legal obligation, then it cannot become a contract.
An agreement is created when there is a mutual understanding between parties. It can either be have a legal backing or not.
A contract is a written or express legally binding agreement between parties to perform a task or obligation.
For an agreement to become a contract, it must be legally binding between the parties. Just as in the case of (CARLILL V CARBOLIC SMOKE BALL CO (1893). It was held that no contract existed between the parties because the agreement is not enforceable under the law.
Answer:
The break even point is 25 units.
Explanation:
The break even point is where you have no gain, because the amount of sales in dollars is enoguh to cover your fixed costs. It is calculated
where the contribution margin (or CM) is the difference between price and variable cost. So, the CM in this case is 120 - 64 = 56.
Finally, the break even point is 
What is a 'Closely Held Corporation<span>' A </span>closely held corporation<span> is any company that has only a limited number of shareholders; its stock is publicly traded on occasion but not on a regular basis. These entities differ from privately owned firms that issue stock that is not publicly traded.
Hope this helps!
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