In this situation, it is likely that the seller owes a
commission to the broker because the broker had already brought an offer in which
he has already had terms of agreement from a buyer, even though the seller
disagrees, the seller still owes the broker the commission he deserves.
Answer:
Face Value of the Bond = 40000
Effective Interest = 4%
Coupon rate = 4%
Years to Maturity = 4
Quarterly Coupon rate = 1%
No. of compounding periods = 16
Present Value of Face (40000*.85282) $34,112.85
Present Value of Interest Payments (800*14.7179) <u>$5,887.15</u>
Total $40,000.00
Face Value of Bond <u>$40,000.00</u>
Initial Amount of Discount/(Premium) <u>$0.00 </u>
Note: As the bonds are issued at par, there is premium or discount.
Answer:
B : $70,000
Explanation:
The formula and the computation of the annual rate of return is shown below:
= Annual net income ÷ average investment
where,
Annual net income is XXXXX
And, the average investment would be
= (Original investment required + salvage value) ÷ 2
= (120,000 + $20,000) ÷ 2
= $140,000 ÷ 2
= $70,000
By placing these values we can easily compute the annual rate of return
<span>The correct answer for this would be A) A list of potential clients. If Nina wants to succeed in her business and actually make money out of it, she needs to make sure she has a source of income. This can come only from potential clients. So having a client base ensures that Nina will have a steady source of income from her business. The other options are only secondary and can come later once she has her business churning income. </span>
Answer:
d. shareholder voting rights
Explanation:
Cumulative is characteristic of preferred stock, in that dividend not paid in a year is carried forward and to be paid in the future.
When the preferred stock is non-cumulative, the dividend not paid in a year is forfeited.
Preferred stock or debenture can be convertible into a known number of common stock in the future.
The characteristic of common stock is that it entitles its holders to vote on certain major decisions.