Question: The process of finding future values is called: a. annualizing b. discounting c. compounding d. leasing Which of the followings is normally listed as the

The process of finding future values is called:

a.

annualizing

b.

discounting

c.

compounding

d.

leasing

Which of the followings is normally listed as the first item on assets side in a balance sheet?

a.

Account receivable

b.

Inventory

c.

Cash

d.

Investment

e.

Property, plant, and equipment

You are going to buy a bond that has 10 years to maturity, a 10% coupon paid annually and a $1000 face value. The current market price of the bond is $1234. What is the yield to maturity on the bond?

a.

8.81%

b.

6.71%

c.

6.15%

d.

10.25%

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