On January 1, 2015, Clark, Inc issued $400,000, 10-year, 10% bonds for $354,200 . The bonds pay interest on June 30 and December 31 . The market rate is 12%. What is the carrying value of the bonds at the end of the ten years?
a. $400,000
b. $480,000
c. $380,000
d. $354,200
a
You might also like to view...
The following estimated regression equation has been developed for the relationship between y, the dependent variable, and x, the independent variable.
= 60 + 200x - 6x2
?
The sample size for this regression model was 23, and SSR = 600 and SSE = 400.
a.Compute the multiple coefficient of determination.b.Using ? = .01, test for a significant relationship.
What will be an ideal response?
CPM stands for ________
A) cost per thousand B) cost per million C) consumer promoted media D) cost per media E) competitively priced media
The Due Process Clause of the U.S. Constitution grants Congress the power "to regulate commerce with foreign nations, and among the several states, and with Indian tribes."
Indicate whether the statement is true or false
The title page of a venture’s written business plan should include what?
a. The name of the business and contact information b. Industry insight c. Niche market d. Agenda