If an investor wants to save money over a long period without easy access to the money and knowing the interest rate will not change, they need <u>A. Bonds</u>.
<h3>What are bonds?</h3>
Bonds are securities that guarantee the return of capital and periodic interests on a long-term basis.
Types of Bonds include:
- U.S. Treasury Bonds
- Corporate Bonds
- Municipal Bonds.
Thus, if an investor wants to save money over a long period without easy access to the money and knowing the interest rate will not change, they need <u>A. Bonds</u>.
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if a student leaves a book bag in class by accident and the professor takes possession to safeguard the bag, a bailment has been formed-True
<h3>bailment</h3>
A bailment is a form of the legal relationship that focuses on the contractual transfer of assets or property from a bailor to a baile who voluntarily but temporarily gives up possession but not complete ownership. Even though no contract is formalized, a bailment is a type of contractual relationship. The person receiving the property (the "bailee") has custody and control over it for a certain amount of time, during which he or she is responsible for taking reasonable care of it.
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Answer:
amortization on discount on BP 400
Explanation:
When there is a difference between the face value and the issuance proceeds from the bond a premium or discount is created.
When the proceeds are above, there will be a premium and the interest expense will be lower thant the actual cash outlay on the bond.
When theface value is above the proceeds, there is a discount.and expenses are higher than cash payment to bondholders.
In this case the expense is higher so there is a discount.
