Under normal economic conditions, the major source of risk faced by investors who purchase investment grade bonds is
A) purchasing power risk.
B) interest rate risk.
C) liquidity risk.
D) default risk.
Answer: B
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Common invasions of privacy resulting from the use of technology include which of the following?
a. Organizations collecting excessive amounts of information for decision making. b. Employers monitoring the time employees spend on a task. c. Supervisors reading employees' electronic mail. d. All of the above.
The courts ordered Colton to pay 25 percent of his gross monthly income as child support. Additionally, the court ordered Colton's employer to automatically withhold 25 percent of his wages and send a check in that amount to Sally
This mode of providing alimony to Sally is stipulated by the ________. A) Defense of Marriage Act B) Marriage Protection Act C) Equal Protection Clause D) Family Support Act
No state has adopted the Uniform Commercial Code
a. True b. False Indicate whether the statement is true or false
Spice Company issued $200,000 of 10 percent first mortgage bonds on January 1, 20X4, at 105. The bonds mature in 10 years and pay interest semiannually on January 1 and July 1. Pumpkin Corporation purchased $140,000 of Spice's bonds from the original purchaser on December 31, 20X8, for $125,000. Pumpkin owns 75 percent of Spice's voting common stock.Based on the information given above, what amount of premium on bonds payable will be eliminated in the preparation of the 20X8 consolidated financial statements?
A. $2,500 B. $5,000 C. $2,800 D. $3,500