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zheka24 [161]
2 years ago
11

Stealth Fitness Center issues 7%, 15-year bonds with a face amount of $200,000. The market interest rate for bonds of similar ri

sk and maturity is 6%. Interest is paid semi-annually. At what price will the bonds issue
Business
1 answer:
Vladimir [108]2 years ago
8 0

Answer:

market price of bonds = $219,597.35

Explanation:

Since the coupon rate is higher than the market rate, the bonds will be sold at a premium.

PV of face value = $200,000 / (1 + 3%)³⁰ = $82,397.35

PV of coupon payments = $7,000 x 19.600 (PV annuity factor, 3%, 30 periods) = $137,200

market price of bonds = $219,597.35

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Wilbur decides to sell his collection of rare stamps on eBay when he is filling out the information for his item he types $40 in
LenaWriter [7]

Answer:

Explanation:

Hmm........ Cancel the Delivery while its being delivered, then explaing to the person that bought it what happened and give them the $75 without ACTUALLY giving the stamp collection

7 0
3 years ago
Whether speech is going to be delivered before one or one hundred people, the speaker should:
Nat2105 [25]

Answer:

C). Prepare their thoughts in advance.

Explanation:

A speaker aims to serve a specific purpose through his/her speech(to inform, to entertain, to convince, to motivate, etc.). In order to serve this purpose effectively by the end of the speech, it is very crucial to 'prepare the thoughts that the speaker wishes to convey in advance' as <u>it helps him/her in organizing the thoughts in a logical order to ensure its efficacy</u>. It <u>also assists in analyzing whether the thoughts get along with each other and also keeps room for creativity</u> which can enhance its impact and make the purpose more successful. Thus, be it one or one hundred people, it is important for a speech to be prepared in advance and hence, <u>option C</u> is the correct answer.

3 0
3 years ago
Read 2 more answers
After taking the information from a new client for the opening of a new account, an RR submits this information to his BOM. The
Darya [45]

Options:

[A] The new client is a personal friend of the RR who will be in charge of overseeing the new account.

[B] The new client agrees to provide a real address of a home or business, even though he insists that all correspondence be sent to the P.O. Box.

[C] The new client submits a written statement stating that for convenience purposes, he only uses a P.O. Box for all correspondence.

[D] The new client tells the RR and the BOM that he has not yet established a place of residence in the area and that the P.O. Box is the only fixed address he can give.

Answer:

B

Explanation:

Unless the new client provides a real address (either home or office), the account cannot be opened. FINRA regulations do not consider a P.O. Box as an acceptable residential address. The RR can send all the correspondence to the P.O. Box if the client requests it, but the client must still provide a real home or business address.

4 0
3 years ago
Adjustments to expense accounts at the end of the accounting period are made to adhere to accrual accounting principles, specifi
babymother [125]

Answer: Revenue Recognition

Explanation:

From the given text/information/scenario , we can state that the answer to the following question is revenue recognized. Revenue recognition is referred to as or known as the accounting principle that tends to outline certain specific conditions and circumstances under which the revenue is recognized.

4 0
3 years ago
Recall our example of an investment of $100,000 in research that yields a pioneering invention that has no commercial value, and
maria [59]

Answer:

Firm A is uniquely situated to the pioneering research and firm B is uniquely situated to application development. There are significant differences arising from broad patent law and narrow patent law. Firm A conducting pioneering research and Firm B conducting development application in this situation the incentive problem is solved when transaction cost is zero. When the transaction cost is zero the breadth of the patent will not matter to the economic efficiency So long as the can bargain with each other. The bargain between inventors is cost-less and makes efficient contracts.

When the transaction cost obstructs the bargaining between the suppliers of pioneering research of and development of application problem arises. The solutions to the problem are lubricating bargaining and allocate rights to the firm who values the most.

Patent protection for the pioneering inventions should be broader for the little standalone value. In contrast patent protection for pioneering invention should be narrower for large standalone value.

Hence the above difference lies in investment from broader patent law and that of the narrower patent law.

4 0
3 years ago
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