Question 256
Cash payments for interest 15 Retirement of common stock 40 Cash payments to merchandise suppliers 93 Sale of equipment 31 Payment of dividends 38 Purchase of land 9 Cash payment for salaries
4 0 Cash collections from customers 265 Purchase of equipment 44
What are cash flows from financing activities?
Question 257
A company issued 6-year, 10 percent bonds on September 1, 2000, for $91,619. The bonds have a maturity value of $100,000 and pay interest semiannually on March 1 and September 1. The market rate of interest at the date of issue was 12 percent. The company has an accounting year-end of December 31.
The amount of interest expense on March 1, 2001, is:
Question 258
Toward the top of the economic cycle, as final demand starts to fall off, ______ starts to occur abruptly.
Question 259
An real estate investment project offers projected net operating income of $43,500 per year.
Assuming a capitalization rate of 15%, the fair market value according to the income approach would be closest to:
Question 260
The convexity adjustment for a callable bond with a duration of 5.5 and convexity of -38, when the interest shock is 250 basis points, is: