If a bond's coupon rate is equal to the market rate, then the bond will sell
A) at a price equal to its face value.
B) at a price greater than its face value.
C) at a price less than its face value.
D) None of the above are true.
Answer: A) at a price equal to its face value.
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Alvarez Company is considering the following alternatives:
Alternative A Alternative B Revenues $50,000 $60,000 Variable costs 30,000 30,000 Fixed costs 10,000 16,000 What is the incremental profit? a) $0 b) $6,000 c) $4,000 d) $10,000
Allie needs to get an answer to a question about her final paper from her instructor. She should ______.
a. wait until the day before the final to send an email so the message is urgent b. send a message and then send a follow-up every hour until it is answered c. send a message three times in a row in case one of them is not delivered d. send a message and wait 24-48 hours before sending a follow-up