What is the coupon payment of a 15-year $10,000 bond with a 9% coupon rate with semiannual payments?

A) $150.00
B) $450
C) $900.00
D) $1800.00

Answer: B

Business

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During the norming stage of group development:

a. members generally express dissatisfaction due to unclear expectations. b. group members are reluctant to participate in group work. c. there is more division and less collaboration. d. the work climate is not conducive to listening. e. the level of anxiety associated with interaction is generally reduced.

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What is the primary goal of financial management for a sole proprietorship?

a. Maximize net income given the current resources of the firm b. decrease long-term debt to reduce the risk to the owner c. minimize the tax impact on the proprietor d. maximize the market value of the equity e. minimize the reliance on fixed costs

Business