Year1-Year Forward Rate14.6%24.9%35.2%45.5%56.8%What should the purchase price of a 1-year zero-coupon bond be if it is purchased today and has face value of $1,000?
A. $966.37
B. $950.21
C. $912.87
D. $956.02
E. $945.51
Answer: D
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What can happen when one or both parties do not think they got the best agreement possible, or who believe that they lost something in the deal?
What will be an ideal response?
A check for $236 is incorrectly recorded by the company as $263. On the bank reconciliation, the error would
A) appear as a deduction of $27 from the balance per books. B) appear as an addition of $27 to the balance per bank. C) appear as a deduction of $263 from the balance per books and an addition of $236 to the balance per bank. D) appear as an addition of $27 to the balance per books.
What is an exit valuation?
a. Value of the business at the time of exit, IPO or acquisition b. Value of the business after your 5 year projections c. The industry average value of companies in your industry of the same age d. The amount of money investors are willing to invest
Which of the following statements accurately states the requirements for a statutory
assignment? A) notice of the assignment must be given in writing to the debtor B) in most provinces, notice of the assignment must be signed by the person making the assignment. C) the assignment must be complete transfer D) the assignment must not have any restrictions on it E) all of the above.