When a bond has a call feature, the investor should consider the ________ when deciding whether to invest in the bond if it is not selling at par value?
A) convertibility provision
B) interest rate
C) yield to call
D) yield to maturity
Answer: C
Business
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Which of the following is a change in accounting principle?
a. A change in the estimated service life of machinery b. A change from FIFO to LIFO c. A change from straight-line to double-declining-balance d. A change from FIFO to LIFO and a change from straight-line to double-declining- balance
Business
Advantages of oil and gas direct participation programs do not generally include?
A) IDC. B) Depletion. C) Potential alternative minimum tax D) Potential cash flow and/or income.
Business