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Genrish500 [490]
3 years ago
13

The legal contract between the bondholders and the issuer is called the bond ______.

Business
1 answer:
Simora [160]3 years ago
4 0

The legal contract between the bondholders and the issuer is called the bond <u>indenture.</u>

A bond indenture is important as it helps to protect the interest if the stakeholders and also lowers the chance of default.

It should be noted that the indenture list provides the details of a bond. It helps in ensuring transparency. Therefore, the legal contract between the bondholders and the issuer is called the bond indenture.

Read related link on:

brainly.com/question/25562729

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Which of these statements is true about professional skills? A. They are only important in jobs that require a college degree. B
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D. They are skills that employers in all lines of work are looking for.
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ABC Company's production budget for October is based on 500 units. Standard unit cost for raw materials is $130 per unit ($10 pe
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Answer and Explanation:

The computation is shown below;

a. Raw material price variance is

= (standard price - actual price) × actual quantity

= ($10 - $11) × ($69,300 ÷ $11)

= ($10 - $11) × 6,300

= $6,300 unfavorable

b. The raw material usage variance is

= (Standard quantity - actual quantity) × standard price

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3 0
2 years ago
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Answer:

d. $13,575

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These costs are the cost of the equipment, sales tax, freight, repairs during installation and installation cost.

Therefore,

Cost of the equipment = $12,000 + $800 + $200 + $350 + $225

                                       = $13,575

The right option is d. $13,575.

3 0
3 years ago
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Answer:

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b.Austin issued​ 9% bonds payable when the market interest rate was​ 8.25%.

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c.​Cleveland's Cars issued​ 10% bonds when the market interest rate was​ 10%.

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d.​Atlanta's Tourism issued bonds payable that pay the stated interest rate of​ 8.5%. At​ issuance, the market interest rate was​ 10.25%.

  • Bonds issued at discount because market rate is higher than the bond's coupon rate.

8 0
3 years ago
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