Answer:
$207.06 million
Explanation:
First and foremost, it should be borne in mind that the price of a zero-coupon bond is the present value of its face value since the bond does not pay any coupons over its tenor as shown thus:
PV of bonds=FV/(1+i)^n
PV of bonds=amount required=$111 million
FV=face value=the unknown
i=semiannual yield = 4.2%/2=2.1%
n=number of semiannual periods in 15 years=15*2=30
$111=FV/(1+2.1%)^30
FV=$111*(1+2.1%)^30
FV=$207.06 million
Answer:
Date Account Title Debit Credit
Dec. 31, 2019 Lease Receivable $97,001
Cost of Goods sold $67,000
Sales Revenue $97,001
Inventory $67,000
Date Account Title Debit Credit
Dec. 31, 2019 Cash $22,879
Lease Receivable $22,879
Answer:
<u>(d)True, brokers often have inside information that is generally not available to the public. You should listen to her and profit from her inside knowledge</u>
Explanation:
- A broker is a person who has knowledge and expertise in his field of tradings and takes his commission for the services provided as these brokers also tend to have inside information and the success of the broker for the past five years proves this fact.
- Most of them typically have a formal license and proper training. Most of them are flexible and do dealing with face to face.
<span>Direct interview requests include of all of the following techniques EXCEPT: a. Requesting an interview through an employment agency. Direct interview requests includes:
</span>>Requesting an <span>interview during a personal visit to the company.
></span>Requesting an interview during a personal visit to the company.
><span>Requesting an interview through a telephone call.</span>
