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Business, 09.10.2019 21:30, chrissy5189
What is the opportunity cost of an investment? a. the combined values of the other opportunities available b. the value of the next most valuable opportunity c. the marginal benefit of the investment d. the volatility of the investment
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On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.’s 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?
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What is the opportunity cost of an investment? a. the combined values of the other opportunities av...
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