An investor bought a 7% bond at 82 . The bond would mature in 6 years. Compute the rate of yield to maturity. (Do not consider commission. Round answer to two decimal places.)
10.99%
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Which of the following does not have to be shown for copyright protection to be granted?
A. The work is fixed in a durable medium. B. The work exhibits some degree of creativity. C. The work is original. D. The work has a present or potential value.
During the 2008-2009 financial crisis, the dollar ________ in real terms. After the crisis ended, the dollar ________ in real terms.
A. appreciated slightly; appreciated B. depreciated slightly; depreciated C. appreciated sharply; depreciated D. depreciated sharply; appreciated
Explain the purpose of the PCAOB
One definition of earnings management is that it occurs when managers use
a. judgment in financial reporting to alter financial reports to mislead stakeholder. b. an accounting method that is inconsistent with other industry members. c. more conservative accounting estimates than other companies. d. pro forma accounting results as opposed to GAAP results.