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3 years ago

Most purchase agreements are contingent on which 2 items appraised value property description clean title or title insurance

1 answer:

3 0

Most purchase agreements are contingent upon a satisfactory home inspection and mortgage financing approval. There are other types of contingencies as well, in addition to the most common ones mentioned above.

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A premium bond that pays $60 in interest annually matures in seven years. The bond was originally issued three years ago at par.

Art [367]

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.

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3 years ago

Southern Markets recently paid an annual dividend of $2.62 on its common stock. This dividend increases at an average rate of 3.

Tems11 [23]

Answer:

Dividend yield = 9.67%

Explanation:

Dividend growth rate = Average rate of increase in dividend = 3,8%

Next annual dividend = Annual dividend just paid * (100% + Dividend growth rate) = $2.62 * (100% + 3.8%) = $2.71956

Dividend yield = Next annual dividend / Current share selling price = $2.71956 / $28.12 = 0.0967, or 9.67%

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3 years ago

Which of the following is true? A. The elasticity of demand is constant along most demand curves. B. The elasticity of demand v

Mekhanik [1.2K]

Answer:C

Explanation:

The elasticity of demand varies among most demand curves due to price change

4 0

3 years ago

Read 2 more answers

Astro Corporation was started with the issue of 2,000 shares of $5 par stock for cash on January 1, 2018. The stock was issued a

BartSMP [9]

Answer:

Astro Corporation Income Statement

Revenues $31,000

Expenses ($17,100)

Net profit $13,900

Astro Corporation Statement of Changes in Shareholder Equity

Common stock APIC Ret. earnings Total

Balance Jan. 1 $10,000 $14,000 $24,000

Net income $13,900 $13,900

Dividends ($2,000) ($2,000)

Balance Dec. 31 $10,000 $14,000 $11,900 $35,900

Astro Corporation Balance Sheet

Assets Liabilities

Cash $35,900 $0

Shareholders' equity

Common stock $10,000

APIC $14,000

Retained earnings $11,900

Total $35,900 Total $35,900

Astro Corporation Statement of Cash Flows

Cash flows from operating activities:

Revenues $31,000

Expenses ($17,100)

Cash from operating activities $13,900

Cash flows form financing activities:

Stock issuance $24,000

Dividends paid ($2,000)

Cash from financing activities $22,000

Net increase in cash $35,900

6 0

3 years ago

In a spreadsheet application, a ____ is identified using letters of the alphabet.

4vir4ik [10]

B) Columns are identified using letters in a spreadsheet application.

8 0

3 years ago

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