When using the effective-interest amortization method, the amount of the interest payment is calculated using the face value of the bonds and the stated interest rate

Paragon Studios hires Harry Ford to play Indiana Bones in one of its new movies

Harry decides that he cannot fulfill this contract so he assigns his rights and delegates his duties under the contract to Tom Smellnik, another famous actor and friend of Harry. Which of the following best describes this situation? A) Paragon Studios must accept Smellnik whether he is a good actor or not. B) Paragon Studios must accept Smellnik, so long as he is an equally capable actor. C) Smellnik must accept this job because it was assigned to him. D) Ford may not delegate his duty under this contract. E) A and D

Capital markets deal exclusively in stock. Money markets deal exclusively in debt instruments

Indicate whether the statement is true or false.