11:20 1 LATHIKa on 2023-08-31, 11:11 AM 2222 Multiple Choice W. Which one of the following statements concerning a proprietorship is true? A. A proprietorship can be a business jointly owned by two family members. B. Income from a proprietorship is taxed as a separate entity. D. A partial transfer of ownership is easier with a proprietorship than with a corporat e. A proprietor is personally responsible for 100% of the firm's liabilities. The amount of a bond that is repaid at the end of the loan term is called the bond A. Yield to maturity. B. Market price. CFace value. D. Coupon. N PV 13. A bond currently sells for $990. It has a 10-year maturity, an annual coupon of which is paid semi-annually, and a par value of $1,000. What is its current yield? FV Select one: a8.08%. b. 9.00% c. 8.58% d. 8.50% Na A four-yea month. If the the lease? A. the cash B. the cash Cthe cash D. the cash The bo interest s The bonc A. 8.82% B. 8.98% e. 9.075 D. 9.29 N=10 You plan on applying for a ten-year $100,000 bank loan. If the rate of retum ist compounded monthly, determine the value of the monthly payment. A. $1,213.71 B. $1,813.28 C.$1,434.71 D. $1,213.28 The bank has offered 4 GICS. GIC A 1 years, annual rate 3.0500% compounded annually. GIC B 1 years, annual rate 3.0415% compounded quarterly. GIC C 1 years, annual rate 3.0355% compounded monthly. GIC D 1 years, annual rate 3.0455% compounded semi-annually Which should you invest? A invest in GIC A B. invest in GIC B C. invest in GIC C D. invest in GIC D n Sue reacto protec the m A. As B. As i C.A D. A on Se a. b. C. F

D. ceseren in 2005 c. sin a 8507 A. 51213.75 B. 5+.81320 C.5tas4.77 D. 5321326 X. The bank has cflered 4 Cacs. GiC 8 t years, annul rate 3.04153 compounded quartefly GIC C 1 rean annal rake 3.0355% cempounded morthly. Which should you iment? B. imves in GIC B. C. invest in GIC C D. invest in GIC D