Assume that the bond pays semiannual interest payments and has three years to maturity. if you round the bond's intrinsic value to the nearest whole dollar, then its intrinsic value of is its per value, so that the bond is given your computation arid conclusions, which of the following statements is true?
a. a bond should trade at a par when the coupon rate is greater than jackson's required return.
b. when the coupon rate is greater than jackson's required return, the bond should trade at a premium. c. when the coupon rate is greater than jackson's required return, the bond's intrinsic value will be less than its per value.
d. when the coupon rate is greater than jackson's required return, the bond should trade at a discount.

Panera bread is a chain of cafes serving sandwiches, soups, and freshly baked breads. the company began in 1981 with stores primarily located along the east coast of the united states. since then, the firm has expanded to over 1,300 locations throughout the united states and canada. the firm has strong earnings and has been designated by business week as a "significant growth company." panera bread executives are considering the idea of expanding globally by opening cafes in asia through a franchising strategy. which of the following, if true, supports the argument that panera bread should expand into asia through franchising? a: the panera bread menu changes rapidly, and each cafe's artisan bread bakers receive regular training on new recipes. b: panera bread executives want fast access to the asian market without a significant investment of capital. c: panera bread executives want to test the asian market with a short-term commitment that allows them to make quick profits. d: the panera bread mission is to make excellent bread available to customers around the world.

Chester has a credit score of 595 according to the following table his credit rating is considered to be which of these

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?