Use the information for the? question(s) below. The Sisyphean Company has a bond outstanding with….
Use the information for the? question(s) below. The Sisyphean Company has a bond outstanding with a face value of? $1000 that reaches maturity in 15 years. The bond certificate indicates that the stated coupon rate for this bond is? 8% and that the coupon payments are to be made semiannually. How much will each semiannual coupon payment? be?
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A. ?$120 B. ?$80 C. ?$40 D. ?$60 -
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Which of the following statements is? FALSE? A. Coupon bonds always trade for a discount. B. At any point in? time, changes in market interest rates affect a? bond’s yield to maturity and its price. C. Most coupon bond issuers choose a coupon rate so that the bonds will initially trade? at, or very near? to, par. D. If the bond trades at a? discount, an investor who buys the bond will earn a return both from receiving the coupons and from receiving a face value that exceeds the price paid for the bond. -
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Use the following information to answer the? question(s) below. Rearden Metals has a current stock price of? $30 share, is expected to pay a dividend of? $1.20 in one? year, and its expected price right after paying that dividend is? $33. ?Rearden’s expected capital gains yield is closest? to: A. ?6.4%. B. ?4.0%. C. ?8.2%. D. ?10.0%. -
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Use the information for the? question(s) below. Your firm needs to invest in a new delivery truck. The life expectancy of the delivery truck is five years. You can purchase a new delivery truck for an upfront cost of? $200,000, or you can lease a truck from the manufacturer for five years for a monthly lease payment of? $4000 (paid at the end of each? month). Your firm can borrow at? 6% APR with quarterly compounding. The effective monthly discount rate that you should use to evaluate the truck lease is closest? to: A.?1.500%. B. ?1.535%. C. ?0.487%. D. ?0.498%. -
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40.U.S. public companies are required to file their annual financial statements with the U.S. Securities and Exchange Commission on which? form? A. 10K B. 10A C. 10Q D. 10SEC -
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38. Which of the following is NOT a financial statement that every public company is required to? produce? A. Income Statement B. Balance Sheet C. Statement of Sources and Uses of Cash D. Statement of? Stockholders’ Equity -
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37.Use the information for the? question(s) below. The Sisyphean Company has a bond outstanding with a face value of? $1000 that reaches maturity in 15 years. The bond certificate indicates that the stated coupon rate for this bond is? 8% and that the coupon payments are to be made semiannually. Assuming that this bond trades for? $1112, then the YTM for this bond is closest? to: A.?8.0%. B. ?9.2%. C. ?3.4%. D. ?6.8%. -
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36 Use the information for the? question(s) below. The Sisyphean Company has a bond outstanding with a face value of? $1000 that reaches maturity in 15 years. The bond certificate indicates that the stated coupon rate for this bond is? 8% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is? 7.5%, then this bond will trade? at: A. a discount. B. par. C. a premium. D. None of the above -
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35 Which of the following organization forms accounts for the greatest number of? firms? A. Sole proprietorship B. Limited partnership C. ?”C” corporation D. ?”S” corporation
Use the information for the? question(s) below. The Sisyphean Company has a bond outstanding with…