Which of the following are most likely to have higher yields? a. Nonconvertible bonds

b. Convertible bonds

Nazim wants to include retractable bonds in his investment portfolio. Nazim is likely to put the bonds when:

a. he has reinvestment options with lower yields.

b. he has reinvestment options with higher yields.

Nazim also recently bought bonds with a clause stating the interest will be paid based on the inflation rate. When the inflation rate increases, the interest on the bonds will also increase. Nazim has invested in:

a. real return bonds

b. income bonds.

Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)