A preparation engagement might include all of the following except: . a. Preparation of financial statements to be presented alongside an entity’s tax return.
b. Preparation of financial statements solely for submission to a taxing authority.
c. Preparation of financial statements prior to review by another accountant.
d. Preparation of financial statements for presentation alongside a personal financial plan.

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: