Which of the following statements is FALSE? A) A callable bond will trade at a lower price (and therefore a higher yield)than an otherwise equivalent non-callable bond.
B)The price of a callable bond can be low when yields are high, but does not rise above the call value when the yield is low.
C) Before the call date, investors anticipate the optimal strategy that the issuer will follow, and the bond price reflects this strategy.
D)The yield to maturity of a callable bond is calculated as if the bond were called at the earliest opportunity.

Kis the insured and p is the sole beneficiary on a life insurance policy. both are involved in a fatal accident where k dies before p. under the common disaster provision, which of these statements is true?

Shelby company produces three products: product x, product y, and product z. data concerning the three products follow (per unit): product x product y product z selling price $ 85 $ 65 $ 75 variable expenses: direct materials 25.50 19.50 5.25 labor and overhead 25.50 29.25 47.25 total variable expenses 51.00 48.75 52.50 contribution margin $ 34.00 $ 16.25 $ 22.50 contribution margin ratio 40 % 25 % 30 % demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. the same material is used in each product. the material costs $8 per pound, with a maximum of 4,400 pounds available each month. required: a. compute contribution margin per pound of materials used. (round your intermediate calculations and final answers to 2 decimal places.) contribution margin per pound product x $ product y $ product z $ b. which orders would you advise the company to accept first, those for product x, for product y, or for product z? which orders second? third? product x product y product z

What is the sequence of events that could lead to trade surplus