The financial strength rating of an insurance company is similar to
A) a financial statement
B) a stock offering
C) a prospectus
D) a report card"
Answer: D) a report card"
Business
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Leigh Delight Candy, Inc is choosing between two bonds in which to invest their cash. One is being offered
from Hershey's and will mature in 10 years and pay $30 each quarter. The other alternative is a Mars' bond that will mature in 20 years and pay $30 each quarter. What would be the present value of each bond if the discount rate is 10% compounded quarterly, and each bond pays $1,000 at maturity?
Business
What are the front ratio and back ratio, and how do they differ?
What will be an ideal response?
Business