A company issues 9%, 5-year bonds with a par value of $100,000 on January 1 at a price of $104,055, when the market rate of interest was 8%. The bonds pay interest semiannually. The amount of each semiannual interest payment is:
A. $0.
B. $9,000.
C. $8,000.
D. $4,000.
E. $4,500.
Answer: E
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Answer the following statements true (T) or false (F)
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What will be an ideal response?
Identify the social costs of increased automobile ownership. Describe two options for restoring the balance between private and public goods. Give specific examples
What will be an ideal response?
All of the following are major activities of management by walking around, EXCEPT ______.
a. teaching b. doing c. listening d. facilitating