Certain taxpayers have the option of using either the


1. Certain taxpayers have the option of using either the percentage of completion method or completed contract method for reporting profit on long-term contracts. What impact could the AMT have on this decision? Indicate the sources of your opinion.

2. The spot price of a three year zero coupon bond is 0.8950 and the forward price of a one-year zero-coupon bond beginning in three years is 0.9350.  

What is the four-year spot rate.

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Financial Management: Certain taxpayers have the option of using either the
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