This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is NOT true of a sole proprietorship? A) Sole proprietorships are the ... (Read 114 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
on: Jul 10, 2018
Which of the following is NOT true of a sole proprietorship?
 
  A) Sole proprietorships are the least regulated form of business.
  B) Sole proprietorships are the easiest form of business to establish.
  C) Sole proprietorships are the most popular form of business organization (more sole proprietorships than other forms of business).
  D) All of the above are true.

Question 2

Zhen Yi Computers has an outstanding issue of bond with a par value of 1,000, paying 12 percent coupon rate semi-annually. The bond was issued 25 years ago and has 5 years to maturity.
 
  What is the value of the bond assuming 14 percent rate of interest?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

epscape

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jul 10, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Coupon payment = 1,000  0.12 = 120
Semi-annual coupon payment = 120/2 = 60
Using financial calculator: PMT= 60, I=7, N=10, FV=1000, CPT PV = 929.76


gbarreiro

  • Member
  • Posts: 566
Reply 2 on: Jul 10, 2018
Excellent

ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Apparent and True Orbits of Alpha Centauri. Apparent and True Orbits of Alpha Centauri.
True-color view of Mars seen through NASA's Hubble Space Telescope in 1999 True-color view of Mars seen through NASA's Hubble Space Telescope in 1999
TrUe....FaLsE TrUe....FaLsE
true story true story
True Forget-Me-Not True Forget-Me-Not
Petrale Sole Petrale Sole
Video: Energy Flow - Trophic Levels and Food

For a complete list of videos, visit our video library