Some financial institutions offer continuous compounding. This means that
A)
your effective yield will be about 20% higher than daily compounding.
B)
your effective yield will be only slightly higher than daily compounding.
C)
in reality they are offering only simple interest.
D)
you must deposit at least $10,000 to open an account offering this feature.
B
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Under the straight-line amortization method, interest expense on a bond sold at a premium is equal to the
A) interest paid plus bond premium amortization. B) interest rate times the book value of the bonds. C) interest rate times the face value of the bonds. D) interest paid minus bond premium amortization.
Rogoff Co.'s 15-year bonds have an annual coupon rate of 9.5%. Each bond has face value of $1,000 and makes semiannual interest payments. If you require an 11.0% nominal yield to maturity on this investment, what is the maximum price you should be willing to pay for the bond?
A. $891.00 B. $913.27 C. $936.10 D. $959.51 E. $983.49
Explain the different types of organizations that result from prevailing assumptions about people and cultures. Compare and contrast how minorities are treated in each case.
What will be an ideal response?
Discuss the differences in utilitarianism and values ethics in making a decision