Nunavet Ocean Cruises sold an issue of 12-year $1,000 par bonds to build new ships. The bonds
pay 4.85% interest, semiannually. Today's required rate of return is 9.7%. How much should these
bonds sell for today? Round off to the nearest $1.
A) $771.86 B) $660.45 C) $732.93 D) $598.33
B
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These independent companies had the following transactions:
a. Long Corporation issued 4,500 shares of its $6 stated value common stock to Jack Smith Realty in exchange for land with a market value of $50,000 b. Short Corporation received $115,000 cash for 10,000 shares of its $10 par preferred stock c. Middle Corporation issued 7,000 shares of its no-par common stock at $15 per share a. Long Corporation issued 4,500 shares of its $6 stated value common stock to Jack Smith Realty in exchange for land with a market value of $50,000 b. Short Corporation received $115,000 cash for 10,000 shares of its $10 par preferred stock c. Middle Corporation issued 7,000 shares of its no-par common stock at $15 per share Requirement: Prepare the journal entries for these transactions. Use proper account titles and omit explanations.
A precursor to high POP can be ______.
A. job ambiguity B. job satisfaction C. turnover intentions D. unethical leadership
Inspection of incoming inventory is a value-added activity
Indicate whether the statement is true or false
What is the difference between conventional arbitration and final offer arbitration and why might a state choose one over the other as its compulsory dispute resolution system? (10 minutes)
What will be an ideal response?