Assuming the appropriate YTM on the Sisyphean bond is 7.5%, then this bond will trade at ________
The Sisyphean Company has a bond outstanding with a face value of $1000 that reaches maturity in 5 years. The bond certificate indicates that the stated coupon rate for this bond is 10.0% and that the coupon payments are to be made semiannually.
A) par
B) a discount
C) a premium
D) none of the above
Answer: C
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If an organization has an SBU that it believes has the potential to be a star (and is probably a problem child at present), building would be an appropriate goal.
Answer the following statement true (T) or false (F)
At a rate of 6.5%, what is the future value of the following cash flow stream?
A. $526.01 B. $553.69 C. $582.83 D. $613.51 E. $645.80
Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $108,000. The machine's useful life is estimated to be 4 years, or 140,000 units of product, with a $2000 salvage value. During its second year, the machine produces 28,000 units of product. Determine the machines' second year depreciation under the straight-line method.
A. $26,500. B. $27,000. C. $21,200. D. $27,500. E. $21,600.
James Lambert is an assistant territory sales manager at Cellcom, a leading wireless service provider in Europe. James manages the salespeople in a small city in France. There are many players in the wireless service provider market, and it is becoming increasingly difficult to position the company as unique. What can James do to position Cellcom as a unique company, when compared to its competitors?
A. Reduce the call rates by half. B. Increase the mass media advertising of Cellcom. C. Substantially reduce the salespeople's visits to the small accounts and increase the visits to key accounts. D. Ask salespeople to discuss the weakness of competition in every sales call. E. Instruct salespeople to spend more time on each sales call.