Three $1,000 face value, 10-year, noncallable, bonds have the same amount of risk, hence their YTMs are equal. Bond 8 has an 8% annual coupon, Bond 10 has a 10% annual coupon, and Bond 12 has a 12% annual coupon. Bond 10 sells at par. Assuming that interest rates remain constant for the next 10 years, which of the following statements is CORRECT? a. Since the bonds have the same YTM, they should all have the same price, and since interest rates are not expected to change, their prices should all remain at their current levels until maturity b. Bond 8 sells at a discount (its price is less than par), and its price is expected to increase over the next year. c. Over the next year, Bond 8's price is expected to decrease, Bond 10's price is expected to stay the same, and Bond 12's price is expected to increase. d. Bond 12 sells at a premium (its price is greater than par), and its price is expected to increase over the next year. e. Bond 8's current yield will increase each year.
Answers: 2
Business, 22.06.2019 05:00
Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.
Answers: 3
Business, 22.06.2019 20:50
The following accounts are from last year’s books at s manufacturing: raw materials bal 0 (b) 157,400 (a) 172,500 15,100 work in process bal 0 (f) 523,600 (b) 133,700 (c) 171,400 (e) 218,500 0 finished goods bal 0 (g) 477,000 (f) 523,600 46,600 manufacturing overhead (b) 23,700 (e) 218,500 (c) 27,700 (d) 159,400 7,700 cost of goods sold (g) 477,000 s manufacturing uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. what is the amount of cost of goods manufactured for the year
Answers: 3
Business, 23.06.2019 07:40
If airlines do not change their prices how else might they try to compete with each other?
Answers: 3
Three $1,000 face value, 10-year, noncallable, bonds have the same amount of risk, hence their YTMs...
History, 20.10.2019 06:10
English, 20.10.2019 06:10
Social Studies, 20.10.2019 06:10
Mathematics, 20.10.2019 06:10
Chemistry, 20.10.2019 06:10
Mathematics, 20.10.2019 06:10
History, 20.10.2019 06:10
Mathematics, 20.10.2019 06:10
Mathematics, 20.10.2019 06:10
Mathematics, 20.10.2019 06:10