A bond matures in 20 years, at which time it pays the owner $1,000. It also pays $70 at the end of

each of the next 20 years. If similar bonds are currently yielding 7%, what is the market value of the
bond?

A) under $1,000
B) over $1,000
C) exactly $1,000
D) cannot be determined from the information given


C

Business

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Derivative products:

a. are what remain after the platform product is built b. include different models, brands, or versions of the platform product c. are intended to fill performance gaps between platform products d. a, b, and c e. b and c

Business

A factory's adjusting entry to apply factory overhead to work in process inventory equaled $1,700 . Should a reversing entry be made and, if so, what form should it take?

a. Yes, debit Factory Overhead $1,700, credit Finished Goods Inventory $1,700. b. Yes, debit Work in Process Inventory $1,700, credit Factory Overhead $1,700. c. Yes, debit Factory Overhead $1,700, credit Cost of Goods Sold $1,700. d. Yes, debit Factory Overhead $1,700, credit Work in Process Inventory $1,700. e. Yes, debit Cost of Goods Sold $1,700, credit Factory Overhead $1,700.

Business

A(n) _____ is an analytical report that is designed to persuade the reader to purchase your products or services, to adopt your idea or plan, or to provide or donate money or services for a worthwhile project

Fill in the blank(s) with correct word

Business

Which of the following is not one of the strategies for improving service productivity?

A) self-service B) automation C) scheduling D) separation E) mass customization

Business