Determining the yield to maturity on bonds
Generic, Inc. has bonds outstanding that mature in 20 years. The bonds have $1,000 par value, pay interest annually at a rate of 10%, and have a current selling price of $875.25. The yield to maturity on the bonds is:
a. 10%.
b. 11.63%.
c. 7.24%.
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No other personal property is purchased by Jessie in 2013. What is the most that Jessie may deduct in 2013 under Section 179 of the Code (ignore any potential deductions resulting from bonus deprecation or MACRS)?
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A 2016 survey of undergraduate students considered this further and found that compared with students that did not use cannabis at least once
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