Use the Following Two Columns of Items to Answer the Matching

question 66

Short Answer

Use the following two columns of items to answer the matching questions below:
-yield to maturity
A)annualized return on a bond if held to maturity
B)par value or the amount returned to the investor at maturity
C)bonds that can be converted into stock
D)long-term securities issued by government agencies or corporations

• A)annualized return on a bond if held to maturity
• B)par value or the amount returned to the investor at maturity
• C)bonds that can be converted into stock
• D)long-term securities issued by government agencies or corporations

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Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance.

Variable Cost

A cost that changes in proportion to the level of production or business activity.

Contribution Margin Ratio

The percentage of each sale that contributes to covering fixed costs after variable costs have been paid.

Fixed Costs

Costs that do not vary with production level, such as rent, insurance, and salaries of administrative staff.