A government has $1,000,000 of 6%, 10-year general obligation bonds outstanding. The bonds were issued on November 1, 20X7 to finance construction of a general capital asset. Interest is payable semiannually on November 1 and May 1
The bonds also require an annual principal payment of $100,000 on May 1 . What amount of debt service expenditures should the government report for the year ended December 31, 20X8?
A. $60,000.
B. $90,000.
C. $160,000.
D. $190,000.
C
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Data sent through a virtual private network (VPN) can be encrypted using the _____
A) User Datagram Protocol B) Transmission Control Protocol C) Internet Control Message Protocol D) Layer Two Tunneling Protocol
Liquidity Risk Premium is a:
A) premium charged by lenders due to the risk from increases in inflation and interest rates that will cause the price to decline. B) premium charged by lenders due to the fact that some securities cannot be easily converted in cash C) premium charged by lenders due to the risk that the issuer is unable to pay the interest or face value D) premium charged by lenders in anticipation of inflation