Question
Given the bond premium schedule below, what is the Bond Premium for a $2,755,000 project? First $5,000=$12.00 per M Next $2,000,000=6,000+7.25 per M Next $2,500,000=$20,500+$5.75
Given the bond premium schedule below, what is the Bond Premium for a $2,755,000 project?
First $5,000=$12.00 per M
Next $2,000,000=6,000+7.25 per M
Next $2,500,000=$20,500+$5.75 per M
Select one:
a. $21,966
b. $36,341
c. $19,974
d. $25,974
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The Internal Auditing Handbook
Authors: K. H. Spencer Pickett
1st Edition
0471969117, 978-0471969112
