If the bonds price is higher than its par value, the bond is trading at: A. Par.
Question:
If the bond’s price is higher than its par value, the bond is trading at:
A. Par.
B. A discount.
C. A premium.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
C is correct If a bonds price is higher than its par v...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The present value of a perpetuity can be determined as the cash flow divided by the required rate of return. True/False 6. The effective annual rate of interest (EAR) is less than the annual...
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
The following data are for the Portet Corporation, which sells just one product: Units Unit Cost Beginning Inventory, January 1 1,200 $9 Purchases: February 11 1,500 $10 May 18 1,400 11 October 23...
-
Viscosity variation and velocity gradients in a non isothermal film, water is falling down a vertical wall in a film 0.1 mm thick. The water temperature is 100C at the free liquid surface and 80C at...
-
Calcor Company has been a wholesale distributor of automobile parts for domestic automakers for 20 years. Calcor has suffered through the recent slump in the domestic auto industry, and its...
-
Refer to the data in QS. In questions Use the direct method to prepare the cash provided or used from operating activities section only of the statement of cash flows for this company. CRUZ, INC....
-
Your financial planner has advised you to initiate a retirement account while you are still young. Today is your 35th birthday and you are planning to retire at age 65. Actuarial tables show that...
-
Revenue and expense data for the current calendar year for Garrity Electronics Company and for the electronics industry are as follows. The Garrity Electronics Company data are expressed in dollars....
-
9 9. Timekeeper Inc. manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the...
-
The major advantage of issuing bonds through a special legal entity is: A. Bankruptcy remoteness. B. Beneficial tax treatments. C. Greater liquidity and lower issuing costs.
-
A company has issued a floating-rate note with a coupon rate equal to the three-month MRR + 65 bps. Interest payments are made quarterly on 31 March, 30 June, 30 September, and 31 December. On 31...
-
Referring to the facts in question 5 above, what is the material quantity variance? a. $5,000 unfavorable b. $5,000 favorable c. $2,000 favorable d. $2,000 unfavorable
-
1. This is a group assignment, and the lecturer will create and finalize assignment groups in week 3/4. (4-5 members in each group). 2. Identify a problem (only one problem relating to OB) in an...
-
Fromthefollowinginformation, preparejournalentriestodistributetransportationexpenses(ontheaverage rate permilepermonthmethod)andstoresexpenses. Truckmileageduringthemonth:...
-
2 Staffing at the Optimal Utilization A large theme park is attempting to staff its check-in desks. Currently, the arrival rate is A = 364.5 customers per hour, and each server can check-in p=81...
-
If f ( x ) = ( 1 3 - In ( x ) ) ^ 8 , determine f ' ( 1 ) .
-
1. ThestocksAandBhavethefollowingdistributionsofreturns. A B Probability State1 3 4 0.2 State2 5 2 0.3 State3 4 8 0.2 State4 6 5 0.1 State5 6 1 0.2 2....
-
An experiment shines visible light on a target and measures the wavelengths of light scattered at different angles. Would the experiment show that the scattered photons are Compton-shifted? Explain.
-
Whats the difference between an ordinary annuity and an annuity due? What type of annuity is shown below? How would you change the time line to show the other type of annuity?
-
Classify and describe the management, organization, and technology issues the project had to address in order to implement the new system successfully. How did the project team deal with these issues?
-
Describe the composition of the project team. How important was this? Why?
-
Why do you think the implementation of Snohomish PUD's new human resource system was successful? Explain your answer.
-
A company lends its supplier $171,000 for 3 years at a 9% annual interest rate. Interest payments are to be made twice a year. The entry to record the establishment of the loan includes a debit to:
-
600 ? ? ? PA3. LO 3.2 Fill in the missing amounts for the four companies. Each case is independent of the others. Assume that only one product is being sold by each company. Company A Company B...
-
Question 2 : Cost V olum e - Profit (3. 0 ) Zan Bun is the sole producer of cakes in the Changlun region. The company only produces one type of cake, and it is sold at $10 each. The variable cost for...
Study smarter with the SolutionInn App