Answer:
$997.37
Explanation:
For computing the invoice price first we have to determine the accrued interest which is shown below:
Accrued interest is
= Par value × coupon rate × remaining months ÷ total months
= $1,000 × 6.11% × 4 months ÷ 12 months
= $20.37
Now
Invoice price is
= Clean price + Accrued interest
= $977 + $20.37
= $997.37
Thank you for posting you question here at brainly. I think the statement "<span>Consumers have certain rights that do not carry corresponding responsibilities." is false. Below are the right of the consumer:
</span><span>
<span><span>
<span>
Right to Safety</span>
</span>
<span>
<span>
Responsibility of Right to Safety</span>
</span>
<span>
<span>
Right to Be Informed</span>
</span>
<span>
<span>
Responsibility of Right to Be Informed</span>
</span>
<span>
<span>
Right to Choose</span>
</span>
<span>
<span>
Responsibility of Right to Choose</span>
</span>
<span>
<span>
Right to Be Heard</span>
</span>
<span>
<span>
Responsibility of Right to Be Heard</span>
</span>
<span>
<span>
Right to Redress</span>
</span>
<span>
<span>
Responsibility of Right to Redress</span>
</span>
<span>
<span>
Right to Consumer Education</span>
</span>
<span>
<span>
Responsibility of Right to Consumer
Education</span>
</span>
<span>
<span>
Right to Healthy Environment</span>
</span>
<span>
<span>
Responsibility of Right to Healthy
Environment</span>
</span></span></span>
Answer:
Comet's E&P will decrease by $50,000 due to the exchange.
Explanation:
50 of Pam's shares are worth 50 x $1,000 = $50,000, since the corporation is redeeming them, it will do so by decreasing its earnings and profits (retained earnings account).
Generally when larger corporations buy back stocks (AKA treasury stocks), they will credit cash and debit treasury stocks, but since Pam's stocks are being retired, they are not going to be held as treasury stocks, therefore E&P must decrease.
Answer:
The buyer would have a 12-day option to terminate the contract. Otherwise, he or she might not have any other option than to stick to the contract. (That is, the buyer will not have the unrestricted right to terminate the contract again.)
Explanation:
