1. Dividents paid by a corporation can reduce the taxable income of the corporation.

Select one:

True

False

2. You have an 10% semiannual pay bond with face value of $1,000 that matures in 8 years. if the yield is $11% what is the price of this bond?

select one:

a) $947.69

b) $997.69

c) $957.69

s) $ 977.69