You are considering two bonds. Both have semi-annual, 8 percent coupons, $1,000 face values, and yields to maturity of 7.5 percent. Bond S matures in 4 years and Bond L matures in 8 years. What is the difference in the current prices of these bonds?
A. $10.51
B. $12.88
C. $12.67
D. $11.52
E. $11.33
Answer: C
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Answer the following statement true (T) or false (F)
The following are the current month's balances for Global Enterprises
Accounts Payable $6,000 Revenue 11,000 Cash 5,000 Expenses 1,300 Furniture 10,000 Accounts Receivable 16,000 Common Stock 9,250 Notes Payable 4,000 What is the total amount of debits for the trial balance? A) $26,000 B) $27,300 C) $31,000 D) $32,300
Strategic thinking is different from strategic planning in that
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What is not a benefit normally associated with home ownership?
A) Tax advantages for those who qualify B) Flexibility to respond to employment opportunities C) Ability to build equity and net worth D) A potential source of collateral for future loans