During recessionary periods, bonds that were issued many years ago have a higher coupon rate than currently issued bonds. therefore, they may sell at a premium, a price higher than their face value, because of currently low coupon rates. a $50,000 bond that was issued 15 years ago is for sale for $60,000. what rate of return per year will a purchaser make if the bond coupon rate is 19% per year payable semi-annually, and the bond is due 5 years from now?

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Match the given situations to the type of risks that a business may face while taking credit.(there's not just one answer)1. beta ltd. had taken a loan from a bankfor a period of 15 years, but its salesare gradually showing a decline.2. alpha ltd. has taken a loan for increasing its production and sales,but it has not conducted any researchbefore making this decision.3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession.4. delphi ltd. has taken a short-term loanfrom the bank, but its supply chain logistics are not in place.a. foreign exchange riskb. operational riskc. term of loan riskd. revenue projections risk

Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund