Consider a coupon bond that pays $150 every year and repays its principal amount of $1,500 at the end of five years. If the annual rate of discount is 7 percent, the present value of the bond is approximately
A. $214.29.
B. $808.39.
C. $1,684.50.
D. $1,742.52.
Answer: C
You might also like to view...
The deduction for the Sharma Trust's $100,000 gift to charity is ____________________ when one-third of Sharma's accounting income for the tax year constitutes exempt interest income.
Fill in the blank(s) with the appropriate word(s).
The entry to adjust for corporate income taxes includes
a. a debit to Income Tax and a credit to Income Tax Expense; b. a debit to Income Tax Expense and a credit to Income Tax; c. a debit to Income Tax Expense and a credit to Income Tax Payable; d. a debit to Income Tax and a credit to Income Tax Payable; e. a debit to Income Tax Payable and a credit to Cash
Why is it important for organizations to conduct post investment audits of capital projects?
Which of the following code fragments correctly uses a record variable to hold the row of data queried for a shopper?
A. DECLARE rec_shopper bb_shopper%ROWTYPE; BEGIN SELECT* INTO rec_shopper FROM bb_shopper WHERE idshopper = :g_shopper; DBMS_OUTPUT.PUT_LINE(rec_shopper.lastname); DBMS_OUTPUT.PUT_LINE(rec_shopper.address); DBMS_OUTPUT.PUT_LINE(rec_shopper.email); END; B. DECLARE rec_shopper bb_shopper%ROW; BEGIN SELECT* INTO rec_shopper FROM bb_shopper WHERE idshopper = :g_shopper; DBMS_OUTPUT.PUT_LINE(rec_shopper.lastname); DBMS_OUTPUT.PUT_LINE(rec_shopper.address); DBMS_OUTPUT.PUT_LINE(rec_shopper.email); END; C. DECLARE rec_shopper bb_shopper%TYPE; BEGIN SELECT* INTO rec_shopper FROM bb_shopper WHERE idshopper = :g_shopper; DBMS_OUTPUT.PUT_LINE(rec_shopper.lastname); DBMS_OUTPUT.PUT_LINE(rec_shopper.address); DBMS_OUTPUT.PUT_LINE(rec_shopper.email); END; D. DECLARE rec_shopper bb_shopperROWTYPE; BEGIN SELECT* INTO rec_shopper FROM bb_shopper; WHERE idshopper = :g_shopper; END;