Knollwood Corporation issued $300,000 of 30-year, 8 percent bonds at 106 on one of its semi-annual interest dates. The straight-line method of amortization is to be used. What is the total interest cost of the bonds?
a. $719,500
b. $702,000
c. $720,000
d. $738,000
B
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A) reference materials B) library databases C) books D) periodicals
People who seem good at self-observation and self-control guided by situational cues to social appropriateness are often referred to as ______.
A. risk takers B. psychopaths C. high Mach D. high self-monitors
As you progress in your career, your work experience will become more important and relevant, and the education section of your resume will follow the experience section
Indicate whether the statement is true or false
In the real world, dividends
A. are usually more stable than earnings. B. fluctuate more widely than earnings. C. tend to be a lower percentage of earnings for mature firms. D. are usually changed every year to reflect earnings changes, and these changes are randomly higher or lower, depending on whether earnings increased or decreased. E. are usually set as a fixed percentage of earnings, e.g., at 40% of earnings, so if EPS = $2.00, then DPS will equal $0.80. Once the percentage is set, then dividend policy is on "automatic pilot" and the actual dividend depends strictly on earnings.