You purchased an annual interest coupon bond one year ago that now has six years remaining until maturity. The coupon rate of interest was 10%, and par value was $1,000. At the time you purchased the bond, the yield to maturity was 8%. The amount you paid for this bond one year ago was
A. $1,057.50.
B. $1,075.50.
C. $1,088.50.
D. $1.092.46.
E. $1,104.13.
E. $1,104.13.
FV = 1,000, PMT = 100, n = 7, i = 8, PV = 1,104.13.
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Finnish Company converts its foreign subsidiary financial statements using the translation process. The company's subsidiary in Denmark reported the following for 2014: revenues and expenses of 95,000 and 63,000 kroner, respectively, earned or incurred evenly throughout the year, dividends of 43,000 kroner were paid during the year. The following exchange rates are available: On January 1 . 2014
.................................... $2.50 On December 31 . 2014 .................................. 3.00 Average rate for 2014 ................................. 2.70 Rate when dividends were declared and paid ............ 2.90 Translated net income for 2014 is a. $86,400. b. $96,000. c. $(29,700). d. $(28,500).
An option contract is terminated upon the death of the offeror
Indicate whether the statement is true or false
Which sentence has the lowest "lard factor"?
A) The project is delayed due to the fact that the members are of the opinion that the results were tainted. B) In the event that the project is canceled, please send a memo with regard to the cancellation to the president. C) The president of the corporation plans to retire at the end of the fiscal year if profits remain high. D) The customer complaint is pertaining to the recent standards for the purpose of providing safer children's toys. E) In view of the fact that sales are increasing, each individual employee will receive a 3 percent bonus.
The ______ side seeks to convince the judges and/or members of the audience that change is not needed, working to defeat the resolution and maintain the status quo.
a. pessimistic b. affirmative c. negative d. anti