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The Following Data Is Available for BOX Corporation at December

question 98

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The following data is available for BOX Corporation at December 31, 2014: Ordinary shares, par €10 (authorized 25,000 shares} €200,000
Treasury shares (at cost €15 per share) 900
Based on the data, how many ordinary shares are outstanding?


Definitions:

Inflation Rate

The speed at which the overall price level of goods and services increases, leading to a reduction in buying power.

Annual Coupon Bonds

Bonds that pay interest to bondholders once a year until maturity, at which point the principal is repaid.

Yield To Maturity

The total return anticipated on a bond if it is held until its maturity date, expressed as an annual rate.

Duration

A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, often used as an indicator of interest rate risk.

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