The coupon rate on a bond is the
A) rate of interest the issuer agrees to pay to the lender on an annual basis.
B) rate of interest everyone else receives on bonds of a similar nature.
C) rate of interest the lender agrees to pay the issuer on an annual basis.
D) rate of interest the issuer agrees to pay the lender on a semiannual basis.
A
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Parker has fee simple title to a rectangular lot on a commercial street. It contains 16,500 square feet and is 150 feet deep. Parker wants to build a store building but needs more space. There are 2 lots available for purchase of identical size and shape to each other, one on each side of his lot. Each of these lots measures 150 feet in depth and contains 1,950 square feet. If Parker acquires both of these lots and combines them with his original lot, his total frontage will be:
A: Cannot be calculated from the information given; B: 176; C: 159; D: 143.
Which of the following is the name for a portion of the ownership of a corporation?
A) Schedule C B) Stock C) Partnership D) LLC E) Dividend