Alice Kitchen's, Inc. bonds have a 10% coupon rate with semiannual coupon payments. They have
12 1/2 years to maturity and a par value of $1,000. Compute the value of Alice's bonds if investors'
required rate of return is 8%.
A) $1,156.22 B) $1,084.44 C) $1,239.33 D) $1,137.10
A
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Which of the following is true regarding the job scenario and compensation awarded to men and women currently?
A. Men's earnings have steadily grown, while women's have stagnated. B. Women hold higher percentage of job in the static manufacturing and construction sectors. C. Men predominate in rapidly growing service occupations. D. Although women earn less than men, the gap is a narrow one.
At the beginning of 2007, Buck Corporation had assets of $540,000 and liabilities of $320,000. During the year, assets increased by $50,000 and liabilities decreased by $10,000. What was the total amount of stockholders' equity at the end of 2007?
A. $220,000 B. $280,000 C. $380,000 D. $500,000