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

Author Question: Put an X in the appropriate box to show whether the bond described will be issued at a premium, at a ... (Read 42 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
on: Jul 5, 2018
Put an X in the appropriate box to show whether the bond described will be issued at a premium, at a discount, or at par:
 
  Premium Discount Par
  1. Able Company issued 100,000 worth of bonds with a stated interest rate of 9 when the market rate of interest for similar investments was 11.
  2. Maple Company issued 1,000,000 worth of bonds with a stated interest rate of 10 when the market rate of interest for similar investments was 9.
  3. Ready Company issued 1,000,000 worth of bonds with a stated rate of 7 when the market rate of interest for similar investments was 7.

Question 2

EFT
 a. means Efficient Funds Transfer
  b. can process certain cash transactions at less cost than by using the mail
  c. makes it easier to document purchase and sale transactions
  d. means Effective Funds Transfer


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vboyd24

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 5, 2018
Answer to Question 1

Premium Discount Par
1. X
2. X
3. X

Answer to Question 2

b


audragclark

  • Member
  • Posts: 579
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Nephroblastoma. A sectioned kidney reveals the presence of a very large tumor, which arose from feta Nephroblastoma. A sectioned kidney reveals the presence of a very large tumor, which arose from feta
The structural formulas show the state of ionization that would predominate at pH 7.0 The structural formulas show the state of ionization that would predominate at pH 7.0
Trans and cis isomers of a peptide bond involving the imino nitrogen of proline Trans and cis isomers of a peptide bond involving the imino nitrogen of proline
Hydrogen bond Hydrogen bond
Horizontal, sagittal, and coronal functional MRIs show areas of increased activity in the primary ... Horizontal, sagittal, and coronal functional MRIs show areas of increased activity in the primary ...
A $50 000 bond bearing interest at 5.5% payable semi-annually is redeemable at par on August ... A $50 000 bond bearing interest at 5.5% payable semi-annually is redeemable at par on August ...
Video: B cells and antibodies

For a complete list of videos, visit our video library