On January 1,2010,Broker Corp

question 33

Multiple Choice

On January 1,2010,Broker Corp.issued $3,000,000 par value 12%,10 year bonds which pay interest each December 31.If the market rate of interest was 14%,what was the issue price of the bonds? (The present value factor for $1 in 10 periods at 12% is .3220 and at 14% is .2697.The present value of an annuity of $1 factor for 10 periods at 12% is 5.6502 and at 14% is 5.2161.)

• A)$3,339,084
• B)$2,843,172
• C)$3,000,000
• D)$2,686,896

Comprehend the influence of business interests on mass media content.

Understand the role and importance of observations in scientific inquiry.

Distinguish between different types of variables in experimental design.

Comprehend core assumptions underlying scientific inquiry, including unity and objectivity.

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Definitions:

Sierra Legal Defence Fund

An organization dedicated to using legal avenues to protect the environment and advocate for conservation efforts, now known as Ecojustice Canada.

Raw Sewage

Untreated, unfiltered waste water and contents from residential, commercial, and industrial sources, containing a variety of contaminants.

Sierra Legal Defence Fund

A Canadian environmental law organization, now known as Ecojustice Canada, that provides legal representation and advice for environmental causes.

Raw Sewage

Untreated, unfiltered wastewater containing contaminants such as human waste, industrial runoff, and debris, requiring treatment before being released into the environment.