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Question 6: Given the following information: long term debt equals $20,125; current ratio equals 3.2; total current assets equal $32,899; calculate total debt. (1 Point)
Question 6: Given the following information: long term debt equals $20,125; current ratio equals 3.2; total current assets equal $32,899; calculate total debt. (1 Point) $10,281 $10,562 $30,406 $30,862 $63,305 Question 7: (1 Point) You purchase a bond with a coupon rate of 7.4% and an invoice price of $1,072. What is the clean price of the bond if there are 4 months to the next semiannual coupon date? $1,000.00 $1,006.17 $1,012.33 $1.047.33 $1,059.67 Question 8: (1 Point) Your sister Samantha is lending you some money, and wants to earn an effective rate of 14%. If the loan has interest compounded monthly, what annual percentage rate must she charge? 13.17 % 14.93 % 15.23 % 16.00 % None of the above is correct
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