Businesses that are frequent targets of public debate are more likely to develop a long-term political strategy.
Answer the following statement true (T) or false (F)
True
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Bond A has a 9% annual coupon, while Bond B has a 7% annual coupon. Both bonds have the same maturity, a face value of $1,000, and an 8% yield to maturity. Which of the following statements is CORRECT?
A. Bond A trades at a discount, whereas Bond B trades at a premium. B. If the yield to maturity for both bonds remains at 8%, Bond A's price one year from now will be higher than it is today, but Bond B's price one year from now will be lower than it is today. C. If the yield to maturity for both bonds immediately decreases to 6%, Bond A's bond will have a larger percentage increase in value. D. Bond A's current yield is greater than that of Bond B. E. Bond A's capital gains yield is greater than Bond B's capital gains yield.
An expenditure for which of the following items would be considered a revenue expenditure?
a. Plant assets b. Ordinary repair c. Addition d. Betterment
The Platinum Rule is:
A) Do Unto Others As You Would Have Them Do To You B) Do Unto Others As They Want Done Unto Them C) Do Unto Others As You Know You Should D) Ask Others To Do To You As You Would Do To Them E) Ask Others To Do To You As They Would Do To Themselves
Which of the following is most likely to increase spontaneously with an increase in sales??
A. ?Notes payable B. ?Long-term bonds C. ?Preferred stock D. ?Common stock E. ?Accounts payable