The principal of a bond is ________. A. The person who sold the bond for the company
Question:
The principal of a bond is ________.
A. The person who sold the bond for the company
B. The person who bought the bond
C. The interest rate printed on the front of the bond
D. The face amount of the bond that will be paid back at maturity
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
Step 1 To determine Concept introduction Bonds are defined as debt instruments which are usually iss...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
Question Posted:
Students also viewed these Business questions
-
The debt of 200.000 TL will be paid back in equal installments at the end of every sixth month for 5 years. If this debt: When paid according to the depreciation method, the annual nominal interest...
-
A company purchases $10,000 in inventory that will be paid for in 60 days. Which of the following best describes the journal entry to record this transaction? Debit cash $10,000; credit inventory...
-
The face value of a bond is $10,000 and the annual coupon payment is $850. What is the coupon rate?
-
Your restaurant has five menu choices for lunch. How many ways can you order them on your menu? A 0.0749 B 0.0747 120
-
Diversified Corporation operates a successful bank with ten branches. Al, Bob, and Cathy created Diversified six years ago and own all the Diversified stock in equal shares. Diversified has...
-
Lorna Halls real estate tax of $2,010.88 was due on December 14, 2009. Lorna lost her job and could not pay her tax bill until February 27, 2010. The penalty for late payment is 6 % ordinary...
-
HDTV Penetration In a random sample of households, it was found that 47% of the sampled households had high-definition TVs. Determine whether the given value is a statistic or a parameter.
-
Assume that the average firm in your companys industry is expected to grow at a constant rate of 6% and that its dividend yield is 7%. Your company is about as risky as the average firm in the...
-
How does your organization leverage sophisticated data analytics and metrics to analyze performance trends, identify areas for improvement, and drive data-driven decision-making processes?
-
Write a function that is given the original image img and returns the integral image. With the focus on speed, this function should run in O(hw) time, where h is height and w is width of the original...
-
What is a junk bond?
-
Assume you are a newly-hired accountant for a local manufacturing firm. You have enjoyed working for the company and are looking forward to your first experience participating in the preparation of...
-
When a journal entry is made, what must be equal? Why?
-
B&B, Inc. is preparing its master budget for the first quarter of its calendar year. The following forecasted data relate to the first quarter: Unit sales: January 40,000 February 55,000 March 50,000...
-
Almirall uses the straight-line method to depreciate its property, plant & equipment. Almirall has four PP&E categories: (1) land, (2) buildings, (3) machinery & equipment, and (4) furniture &...
-
15. Use the below information to answer the following question. Income Statement For the Year Sales $42,700 Cost of goods sold 29,250 Depreciation 3,750 Earnings before interest and taxes $ 9,700...
-
Using f(rei) = R(r, 0)e(r), in which R(r, 0) and (r, e) are differentiable real functions of r and 0, show that the Cauchy-Riemann conditions in polar coordinates become R Ra ==- ar r 30
-
With a current of 2.7 A, what is the emf of a battery with an internal resistance of 0.3 0 and a terminal voltage of 12 V?
-
Recall that the heat rate (kilo-joules per kilowatt per hour) was measured for each in a sample of 67 gas turbines augmented with high-pressure inlet fogging. In addition, several other variables...
-
(a) What do data breach notification laws require? (b) Why has this caused companies to think more about security?
-
You are considering investing in a company that cultivates abalone for sale to local restaurants. Use the following information: Sales price per abalone.......................................= $47.50...
-
GDS Co. has purchased a brand new machine to produce its High Flight line of shoes. The machine has an economic life of six years. The depreciation schedule for the machine is straight-line with no...
-
Consider a four-year project with the following information: initial fixed asset investment = $496,000; straight-line depreciation to zero over the four-year life; zero salvage value ; price = $27;...
-
Given the following pseudo code: function accum; input integer array a[10]; input integer array b[10]; integer i, sum; sum = 0; for i from 0 to 9 { if (a > b) sum sum + a; else sum sum + b; } return...
-
(a) Write a method in Java to sort a stack of n integer numbers, s, in increasing order. static Stack sort(Stack s) To implement this method you must use one more auxiliary stack and you should not...
-
What is customary international law, how did it develop, and why is it important to international law more broadly? Name one specific example of a treaty or convention that would not exist without...
Study smarter with the SolutionInn App