Fish Corp. purchases a $100,000 face value bond which matures in two years. The coupon rate is 6% and the market rate is 7%. What is the premium or discount (rounded)? A) $0 B) $100,000 C) $98,192 D) $1,808 What is the meaning of "control"? A) The power to participate in the financial and operating policy decisions of the investee. B) The power to govern the financial and operating policies of an entity. C) The power to sell the shares of an entity. D) The power to share in strategic decisions affecting an entity. What is a financial asset? A) An asset that has a fixed or determinable cash flow. B) An asset arising from contractual agreements on future cash flows. C) Assets such as land and buildings that generate future cash flows. D) An asset that does not generate future cash flows