Use the Following Information to Answer the Next 4 Questions

question 8

Multiple Choice

Use the following information to answer the next 4 questions:
Discount-Mart issues $10 million in bonds on January 1,2015.The bonds have a ten-year term and pay interest semiannually on June 30 and December 31 each year.Below is a partial bond amortization schedule for the bonds:

-What is the stated annual rate of interest on the bonds? (Hint: Be sure to provide the annual rate rather than the six month rate. )

• A)3%.
• B)4%.
• C)6%.
• D)8%.

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Definitions:

Corporate Human Capital

The collective skills, knowledge, and experience possessed by an organization's workforce.

Local Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value to the local community or economy.

Meganational Companies

Refers to large corporations that operate in several countries around the world, often influencing local economies and cultures.

Meganational Strategy

A business approach that involves operating on a global scale, effectively managing and integrating operations across multiple national borders.