If $1,000,000 of 8% bonds are issued at 103 1/2, the amount of cash received from the sale is
A) $1,080,000
B) $965,000
C) $1,000,000
D) $1,035,000
D
You might also like to view...
In a multi-product environment:
A) cost-volume-profit analysis is not advisable to use. B) only the product with the highest contribution margin should be sold. C) the product with the highest sales prices per unit should account for the majority of the sales. D) a weighted-average contribution margin per unit should be computed for all products produced and sold.
NGOs that seek to promote ethical and socially responsible business practices are generating substantial changes in all of the following areas except ________.
A. corporate governance B. strategy C. corporate management D. business development
Yantai Food, Inc. has issued a bond with par value of $1,000, a coupon rate of 9 percent that is paid semi-annually, and that matures in 10 years. What is the value of the bond if the required rate of return is 12 percent?
What will be an ideal response?
What is a whistleblower?
A. an employee who thwarts an attempt by fellow employees to form a union B. an employee who crosses the picket line to return to work C. an employee who discloses illegal behavior on the part of his or her employer D. an employee who secretly gives information to his or her employer about union activity