following events would make it more likely that a company would choose to call its outstanding callable bonds? a. The company’s bonds are downgraded. b. Market interest rates rise sharply. c. Market interest rates decline sharply. d. The company ’s financial situation deteriorates significantly. e. Inflation increases significantly. . A 10-year bond with a 9% annual coupon has a yield to maturity of 8%. Which of the following statements is CORRECT? a. If the
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writing to be so fascinating that it pushed him to leave his family and move to Philadelphia where the journey of who he would become began. Benjamin didn’t come from poverty‚ in fact he came from a wealthy family who owned a printing business‚ he was also the right race and gender to be successful in his time. So although he was incredibly hard working and a self starter I believe the initial motivation to be successful started from the family he was born into. Benjamin became very successful
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upon a time there was no zero. Of course people knew if they had nothing‚ but there was no mathematical notation for it. Zero was independently invented only three times. The first recorded zero is attributed to the Babylonians in the 3rd century BC. A long period followed when no one else used a zero place holder. But then the Mayans‚ halfway around the world in Central America‚ independently invented zero in the fourth century CE. The final independent invention of zero in India was long debated
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Kenya succeeded in the decolonization process and created a successful country. While there were many reasons as to why they were successful‚ there are a few key reasons as to how they were successful. While the British did not like the idea of giving up Kenya as one of their colonies‚ they understood that the years of protest and rebellion against the colonial rule would either
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× $160‚000) (40‚000) Balance in investment account $550‚000 2)During 2008‚ PK Co. purchased 2‚000‚ $1‚000‚ 9% bonds. The carrying value of the bonds at December 31‚ 2010 was $1‚960‚000. The bonds mature on March 1‚ 2015‚ and pay interest on March 1 and September 1. PK sells 1‚000 bonds on September 1‚ 2012‚ for $988‚000‚ after the interest has been received. PK uses straight-line amortization. The gain on the sale is Discount amortization: $40‚000 × 8/50 = $6‚400 ($1‚960
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Qualifiers: Midas’s qualifiers include: (1) Speed; (2) Specialisation of services; (3) Price; (4) Trust/Reliability; (5) Quality parts; (6) Customer service; (7) Guarantee; and (8) Location. Winners: From the customer’s perspective the winners which ensures they utilise Midas are Speed and Price. In order to assess the anticipated impacts of the introduction of maintenance services on the existing business process it is necessary to analyse the potential fit of the new business with the existing
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Graham ‘Life was Simpler in the past‚ so people must have been happier.’ English Coursework In the time it took you to clap me on stage‚ 15 African children have died from malaria. I firstly disagree with this statement‚ ‘Life was Simpler in the past‚ so people must have been happier.’ For in the past mortality rate was awfully high‚ meaning it was much easier to lose your family to death‚ compared to the present day. My point is that I believe there have been huge advances in society‚ not only
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Behind all these advantageous and prosperous ascendancy that Google earned‚ there are some reasons why Google is so successful. The Google Company Philosophy says that Simplicity is powerful. It can be seen from the company’s homepage that it shows simplicity. The company believes that simple means faster‚ easier to use and higher quality. A lot of companies try to exaggerate on things when users or customers are only looking for accurateness and real value. Google never overfill their products with
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Potential Investors Report: Mr. Price Group The Mr. Price Group is a fast growing retail group that has caught the eye of many investors not only in South Africa but across Africa as a whole. However‚ its status does not always necessarily mean that it is a good quality investment. Annual Financial Statements are designed to aid investors to make informed decisions about their investment. In this report‚ I will analyze the Mr. Price Group Annual Financial Statements for the year ended March 2011
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Response to the Article‚ “Why Have There Been No Great Women Artists?” During the height of the feminist movement‚ Linda Nochlin confronted her audience with a bold question: Why have there been no great women artists? On the surface‚ it is a tongue-in-cheek arrangement of words‚ purely facetious‚ but I do not think Nochlin meant them that way. I think the question was genuine and melancholy. Nochlin is one woman looking at the past with sad eyes‚ begging to understand why her sisters were denied
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