Assume that an investor is looking at two bonds: bond a is a 20-year, 9% (semiannual pay) bond that is priced to yield 10.5%. bond b is a 20-year, 8% (annual pay) bond that is priced to yield 7.5%. both bonds carry 5-year call deferments and call prices (in 5 years) of $1,050. which bond has the higher current yield?

Personal financial planning is the process of creating and achieving financial goals? true or false

Kirnon clinic uses client-visits as its measure of activity. during july, the clinic budgeted for 3,250 client-visits, but its actual level of activity was 3,160 client-visits. the clinic has provided the following data concerning the formulas to be used in its budgeting: fixed element per month variable element per client-visitrevenue - $ 39.10personnel expenses $ 35,100 $ 10.30medical supplies 1,100 7.10occupancy expenses 8,100 1.10administrative expenses 5,100 0.20total expenses $ 49,400 $ 18.70the activity variance for net operating income in july would be closest to:

Reagan corporation is a wholesale distributor of truck replacement parts. initial amounts taken from reagan's records are as follows: