Who is regarded the main user of accounting information in China?
A. Listed companies
B. Banks
C. Investors
D. The government
Answer: D. The government
Business
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One year ago, you purchased a $1,000 face value bond for a clean price of $980. The bond currently has seven years remaining until maturity, pays a coupon payment of $45 every six months, and has a yield to maturity of 6.87 percent. What is the percentage change in the bond price over the past year?
A. -6.24 percent B. -14.70 percent C. 15.48 percent D. 13.96 percent E. 6.61 percent
Business
If your readers will want to know what they should do in a given situation, then your report should focus on
A) your conclusions. B) your writing process. C) your recommendations. D) your sources of information. E) your logical arguments.
Business