ACCT 1211- You own a corporate bond which is yielding 8.2 percent.

| March 7, 2019

QUESTION 1You own a corporate bond which is yielding 8.2 percent. What is your after-tax yield if your marginal tax rate is 28 percent?5.90 percent7.52 percent8.20 percent10.58 percent11.55 percent0.5 points QUESTION 2Which one of the following features of corporate bonds has the greatest appeal to pension fund investors?call provisionconvertible provisionzero repayment riskprospectus availabilitypredictable cash flows0.5 points QUESTION 3Which one of the following is a taxable municipal bond used to finance a facility used by a private business?private activity bondprivate revenue bondprivate corporate bondprivate agency bondprivate income bond0.5 points QUESTION 4Which one of the following parties is the largest holder of U.S. corporate bonds?pension fundslife insurance companiesbanksforeign investorsindividual investors0.5 points QUESTION 5Laura has an average tax rate of 22 percent and a marginal tax rate of 28 percent. What is her after-tax yield on a corporate bond which has a 6.7 percent yield?4.82 percent5.09 percent5.47 percent6.00 percent11.34 percent0.5 points QUESTION 6Which one of the following is an account used to provide for scheduled redemptions of outstanding bonds?redemption fundsinking fundliquidation accountserial accountcallable account

Order your essay today and save 20% with the discount code: ESSAYHELP
Order your essay today and save 20% with the discount code: ESSAYHELPOrder Now