Two years ago, Mathew purchased a 10 year government bond with a yield of 4.75%. Today, the interest rate on government bonds with 8 years to maturity is 3.5%. If Mathew sells his bond today, he most likely will
A) realize a capital gain.
B) realize a capital loss.
C) sell the bond at face value.
D) sell the bond at par value.
Answer: A
Business
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The following information relates to Newman and Foster, Inc
Sales Revenue $240,000 Cost of Goods Sold 150,000 Interest Revenue 12,000 Operating Expenses 42,500 Sales Discounts 18,000 Sales Returns and Allowances 7,000 Calculate the net income of Newman and Foster. A) $22,500 B) $34,500 C) $77,500 D) $240,000
Business
The process by which the executives at a large company learned about a company called 25th Hour that provides personal assistants who will run errands for $17 per hour is an example of which of the following?
a. a product dissemination b. a diffusion c. marketing communications d. an innovative dispersal
Business