If a Corporate Bond with Face Value of $1,000 Has

question 238

Multiple Choice

If a corporate bond with face value of $1,000 has an interest rate of eight percent paid once a year for a term of 30 years,what is the size of the coupon payment?

• A)$1,000
• B)$300
• C)$80
• D)$8

Understand cost calculations under absorption costing.

Understand cost calculations under variable costing.

Differentiate between absorption and variable costing.

Calculate net income under variable and absorption costing.