This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is NOT true of a sole proprietorship? A) Sole proprietorships are the ... (Read 111 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
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
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
:D TYSM


essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

 

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

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?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

For a complete list of videos, visit our video library