When a bond is bought at a premium price above its par value, the current yield will be lower than the coupon rate
Indicate whether this statement is true or false.
Answer: TRUE
You might also like to view...
Oakland Corp purchased land and a building for a combined cost of $500,000 . Oakland must
a. record the $500,000 acquisition cost in an account called Land and Buildings. b. depreciate the $500,000 acquisition cost, less any residual value, over the expected useful life of the building. c. because part of the purchase involved land, record all of the cost in the Land account. d. allocate the $500,000 acquisition cost to separate Land and Buildings accounts based on their respective fair market values.
This mark may be used to designate an unregistered service mark, or one where registration is pending, so as to put others on notice of the owner's legal claims.
A. ® B. © C. TM D. SM
Juan Valdez trades in his old donkeys for two new llamas in order to transport his mountain grown coffee to the marketplace
Llamas make excellent pack animals and are surefooted, so I should be able to spend more time harvesting and less time wrangling animals, Juan thought to himself as he led the two back to his mountain farm. Much to his dismay, the first time he tried to strap the bags of coffee beans to his new llamas they resisted by running away and when he got close, they spit copiously. However, he was persistent and methodical, and he noticed that things went a little better each day. The time it took to get the llamas loaded up is summarized in the table. Day Time (min) Day Time (min) 1 140 5 84 2 116 6 79 3 100 7 79 4 93 8 76 What learning rate is evident from the data? How long will it take to load up the llamas next month (on the 30th attempt) if the same learning pattern continues?
The Japanese value ________ and tend to resolve conflict by emphasizing status differences between the parties.
A. egalitarianism B. collectivism C. multitasking D. explicit contracting