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Accounting/Finance Multiple Choice
(D) No load fund can be purchase anywhere, but loan funds must be purchase through a stockbroker.
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Managing Debt for Different Companies
The covenants on the loan require that O'Dowell maintain a coverage of its interest plus sinking fund of 2.5 to 1 (remember, a sinking fund payment is the same as a principle payment).
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Financial Decision Making
You want to finance as much of the purchase as possible with a 5-year bank loan at 12% compounded monthly, but can only afford loan payments of $750 per month. How much will you need as a down payment to buy the boat?
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Lease or buy / conversion price
Purchase- The research equipment costing $60,000, can be finance entirely with a 14% loan requiring annual end-of-year
payments of $25,844 for 3 years.
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Sinking funds and convertible bonds
A sinking fund allows a bond issuer an opportunity to purchase outstanding bonds from bondholders at a set rate with money from a sinking fund from the issuer's earnings and saved specifically for security setbacks.
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What is the holding period return of the bond, the common stock and the mutual fund?
The first investment is a bond which was purchased on May 10, 2004, and the purchase price was $20,000 the bond was later sold on May 12, 2005, the sales proceeds were $19,500. Interest on the bond from May 10, 2004 to May 12, 2005, was $2,100.
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Prepare a Statement of Cash Flows for the Village of Parry P
Contribution from General Fund
for purchase of equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . 100,000
3. Loan from Water Utility Fund
for purchase of equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . 300,000
4.
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bank transfer instructions, how should fund be postured
The $50,000 can be invested in a bond to increase interest income and thus reduce the required transfers from the stock fund. The expert determines how should funds be postured for bank transfer instructions.
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Investing in mutual funds
Income risk is greater for a short-term bond fund than for a long-term bond fund.
Call Risk. The possibility that falling interest rates will cause a bond issuer to redeem-or call-its high-yielding bond before the bond's maturity date.