In preparing a budgeted balance sheet, the amount for Accounts Receivable data can be derived from:A. The purchases budget and schedule of cash payments. B. The sales budget and the schedule of cash receipts. C. The capital expenditures budget and purchases budget. D. The budgeted income statement and budgeted balance sheet. E. The selling expenses budget and the schedule of cash receipts.

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note: