The current price of silver is $32.00 per ounce. The effective lease rate and risk free rate are 3.0% and 4.0%, respectively
If the cost to mine one ounce of silver is a constant $25.00, what is the trigger price per ounce at which the silver will be mined?
A) $33.17
B) $35.17
C) $37.17
D) $39.17
A
You might also like to view...
Joe was getting ready for his first performance evaluation at his new company. He had made a list of all the things that he felt he needed to improve upon as was the custom at his previous organization. He was surprised when he walked into his evaluation meeting to find his supervisor ready to discuss how he can develop himself for promotional opportunities. What element of the importance of human communication in business and professional contexts does this example illustrate?
a. Communicators are impacted by their previous communication experiences. b. Role-taking is critical to the success of business and professional communication. c. Feedback is critical to the success of business and professional communication. d. Physical surroundings influence communicators.
If bonds with a face value of $205,000 are issued at 110, the amount of cash proceeds is ________.
A) $225,390 B) $205,000 C) $186,364 D) $225,500
Paper Corporation holds 80 percent of the voting shares of Scissor Company. On January 1, 20X8, Scissor purchased $100,000 par value 12 percent first mortgage bonds of Paper from Cruse for $115,000. Paper originally issued the bonds to Cruse on January 1, 20X6, for $110,000. The bonds have an 8-year maturity from the date of issue. Scissor's reported net income of $65,000 for 20X8, and Paper reported income (excluding income from ownership of Scissor's stock) of $90,000.Based on the information given above, what gain or loss on the retirement of bonds should be reported in the 20X8 consolidated income statement?
A. $6,250 gain B. $7,500 loss C. $7,500 gain D. $6,250 loss
When the debt is prorated to the creditors as a settlement in Chapter 11 this is called:
A. evolution. B. substitution. C. composition settlement. D. extension.