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Author Question: You have a bond that pays 18 per year in coupon payments. Which of the following would result in a ... (Read 77 times)

bobbysung

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You have a bond that pays 18 per year in coupon payments. Which of the following would result in a decrease in the price of your bond?
 
  A) The likelihood that the firm issuing your bond will default on debt decreases.
  B) Coupon payments on newly-issued bonds rise to 22 per year.
  C) The price of a share of stock in the company rises.
  D) Coupon payments on newly-issued bonds fall to 15 per year.

Question 2

Refer to Figure 2-18. Which two arrows in the diagram depict the following transaction: Carter earns a 400 commission for selling men's designer shoes at Brooks Brothers.
 
  A) J and M B) J and G C) K and G D) K and M



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asdfasdf

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Answer to Question 1

B

Answer to Question 2

A




bobbysung

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


scottmt

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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