?The computation for the yield to call (YTC) is the same as that for the yield to maturity (YTM), except that we substitute the _____ of the bond for the maturity (par) value.
A. ?market price
B. ?face value
C. ?call price
D. ?principal value
E. ?issue price
Answer: C
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Significant differences exist in terms on financial statements around the world. For example, another name for what we know as Capital Stock in the U.S. is:
a. Share Capital b. Capital Reserves c. Provisions for other Risks d. Deferred Income
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Indicate whether this statement is true or false.
The causes of dissolution and the priorities in the distribution of assets for a limited partnership are the same as those of a general partnership
a. True b. False Indicate whether the statement is true or false
An inventory turnover ratio of 8.5 times indicates that:
A. the inventory of the firm turns over every 8.5 days. B. the value of the inventory of the firm is 8.5 percent of the total assets of the firm. C. the value of sales of the firm is 8.5 times the cost of goods sold. D. the firm will restock its inventory every 42.35 days. E. the firm pays for its inventory once in 42.35 days.