When the internal rate of return is the same as the required rate of return, the net present value of an investment will be positive

Becker Technologies invests $50,000 to acquire $50,000 face value, 8%, five-year corporate bonds on January 2, 2012

The bonds will mature on January 2, 2017. The bonds pay interest semiannually on January 2 and July 2 each year until maturity. When Becker Technologies receives interest payments, how is the accounting equation affected? A) assets will decrease B) total assets will remain unchanged C) liabilities will decrease D) equity will increase

An inspection contingency is deemed waved except when:

A. The seller agrees to all modifications desired by the buyer B. This buyer fails to terminate the agreement by the deadline, following the sellers refusal to make modifications C. The seller rejects the buyers proposed modifications D. The parties are unable to reach an agreement on modifications by the deadline