BUFN 762 Fixed Income Securities Final Exam Solution 1. Briefly explain why many corporations prefer to issue callable long-term corporate bonds rather than noncallable long-term bonds. There are three main reasons why a corporation may be interested in calling a bond. * Interest rated have fallen‚ so they can refinance at a lower rate. * Credit quality has improved‚ so they can refinance at a lower rate. * Assets have been sold‚ so money is available to pay off debt.
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“Everywhere you look these days‚ you see litter: in the streets‚ on the beach‚ in the countryside.” Describe the problem of litter in the UAE and discuss some solutions Sharjah municipality considers huge increase in littering fines The fine for littering in Sharjah is expected to be raised from Dh200 to Dh2‚000‚ a senior municipality official said on Tuesday. It’s become common to see plastic bags and bottles strewn around not only in the industrial areas and commercial areas of the emirate
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CHAPTER 5 Solutions—Series A Problems 5–1A.(a)Net FUTA tax $123‚400 × 0.006=$740.40 (b)Net SUTA tax$123‚400 × 0.048=5‚923.20 (c)Total unemployment taxes$6‚663.60 5–2A.Earnings subject to FUTA and SUTA: $737‚910 – $472‚120 = $265‚790 (a)Net FUTA tax$265‚790 × 0.006=$1‚594.74 (b)Net SUTA tax$265‚790 × 0.029=7‚707.91 (c)Total unemployment taxes$9‚302.65 5–3A.(a)Net FUTA tax$67‚900 × 0.006=$407.40 (b)Net SUTA tax$83‚900 × 0.037=$3‚104.30 5–4A.(a)SUTA taxes paid to Massachusetts$18‚000 × 0
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Possible Solutions to prevent another Hurricane Katrina Sea gates are another option that have proven very affective in other areas of the world such as Holland‚ Britain‚ and Venice‚ which is also below sea level and has a large number of canals. Sea gates are simply giant air-filled walls that cut off water flow. These gates would most likely be placed on Lake Pontchartrain’s two narrow outlets and would be only be closed if a storm was approaching. Such structures have been considered since
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Obesity in children and adolescence has become a major issue throughout America. Parents do not realize the health problems that their children have or will acquire later on in life. Obesity is a huge health issue‚ although it can be avoided by children becoming more active‚ changing their diet‚ or even taking away their video games. Children do not know any better‚ therefore‚ when parents over indulge them; eating large amounts becomes a learned behavior leading to obesity. Parents should encourage
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In Solutions to Social Problems From the Bottom Up: Successful Social Movements by D. Stanley Eitzen and Kenneth Stewart‚ a light is shone on how incredibly powerful social movements may be. The United States has been no stranger to social movements and the influential leaders that have made them known. The novel describes in detail the various accounts that African Americans‚ women and other minorities fought for equal rights in the United States and even around the world. The first three chapters
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Problem/Solution Essay College Writing II Parent/Teenager Relationships: How Can We Improve Them? If you were asked to rate your relationship with your teenager from 1 to 10 what would your answer be? Can you give it a 10/10 with confidence and without any doubt? A lot of times we hear parents say that their teenagers are rebellious and refuse to listen to them‚ while teenagers complain that their parents don’t understand them and are total “control freaks.” As time goes by and generations change
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Table of Contents Introduction The assignment is about the surgery. They want to update their administrative system for give more efficient system for both staff and their patients. Currently they involve several tasks with their system. Recording surgery appointments‚ doctors to visit patients‚ storing patients and staff information‚ producing invoices‚ and financial handling are the some of them. Now they want to do these works more efficiently with a new
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Monmouth Case solution 1. To escape their dependency on a single industry‚ Monmouth managed to reduce their business risk by acquiring small different industrial manufacturers in addition to becoming a market player in the hand tool business‚ by acquiring 3 of the market leaders‚ a move that diversified Monmouth’s business and ultimately reduced their business risk. In analyzing the financial risk‚ the continuous acquisitions have definitely increased the operational risk for the company. Since
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------------------------------------------------- RATE LIST (w.e.f-1st Feb 2013) Product Code | Product Name | MRP(INR) | | PH ‚METER | | MT-101 | Microprocessor controller based PH/Temp/MV Meter | 11000 | MT-102 | Deluxe PH Meter with Automatic Temp. Compensation | 6100 | MT-103 | PH Meter with Manual Temp. Compensation | 5500 | MT-104 | Portable PH Meter | 4000 | MT-105 | Digital PH Conductivity & Temperature Meter | 8000 | MT-106 | Digital PH Cum Temperature Meter | 5800
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