A firm has a single issue of a zero coupon debt that promises to pay $90 in 4 years, and the A0 = $100, r = 4%, ? = 25%, and ? = 0. If the asset has a 2% chance of total default, what is the yield on the bond?
A) 8.32%
B) 12.33%
C) 24.36%
D) 36.85%
D
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A negotiated transfer price
a. is one that is bargained for between the managers of the buying and selling divisions. b. would not be based on a product market price that has been reduced through bargaining by division managers. c. could never be used in an agreement based on standard costs and a profit margin. d. is usually developed by lawyers following defined legal procedures.
The-sum-of-the-years'-digits method is the only depreciation method that does not consider the plant asset's estimated residual value in the depreciation equation
Indicate whether the statement is true or false
The wrongful or fraudulent taking of another's personal intangible properties like trade secrets, computer programs, and other business property is considered a(n) ________.
A. robbery B. larceny C. aggravated robbery D. aggravated burglary
Forensic experts
A) write reports. B) testify in legal proceedings. C) both A and B.