Financial calculator required.) Harry Potter can purchase bonds with 15 years until maturity, a par value of $1,000, and a 9 percent annualized coupon rate for $1,100. Mr. Potter's yield to maturity is _______ percent.

Which of the following is an advantage of decentralization?

A) Managers' motivation and retention can be increased by empowering segment managers to make decisions. B) Certain costs of activities may be duplicated. C) Customer response time is generally decreased. D) Top management can concentrate on decisions that relate to day-to-day operations of segments.

The test of details of balance procedure which requires the auditor to account for unused inventory tag numbers to make sure none have been deleted is associated with the audit objective of

A) accuracy. B) existence. C) detail tie-in. D) completeness.