With a 10% discount rate, the present value factors of $1 received at the end of each of the next three years are 0.909, 0.826, and 0.751, respectively
Given these values, the present value of a $1,000 (par), 3-year corporate bond with an 8% coupon rate is
A)
$949.88.
B)
$1,1198.88.
C)
$198.88.
D)
$751.00.
A
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Global Products produces and sells limited edition decorative plates. The company's controller has the following information available from the static budget of one of the product lines for the month of April: Estimated production 2,000 units Direct material per unit 10 ounces Direct material cost per unit $.25 per ounce Actual production during April was 1,900 units and actual direct materials
cost was $4,940. If the company prepares a flexible budget for April, the projected direct materials cost would be: A) $5,200 B) $4,940 C) $5,000 D) $4,750
Answer the following statements true (T) or false (F)
1. Under the NLRA, an employer may not make a promise to increase wages if employees vote "no" in a union election but a union is allowed to promise they will get a wage increase if they vote "yes". 2. In union organizing, the trend is toward more control over the organizing process by union leaders and full-time union organizers, with less involvement of the employees themselves. 3. When an employer is found guilty of illegally discharging an employee due to union activity, they can be required to pay backpay, a fine, and possibly punitive damages. 4. A key criticism of the NLRA is that the penalties against employers for violating the law are too harsh.
By virtue of their organizational position, managers have the formal authority or power to give orders and approve or deny employee requests. This explains which type of power?
a. Personal legitimate power b. Personal referent power c. Organizational coercive power d. Organizational legitimate power