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CH 13 QUIZ 27 You buy a zero-coupon bond for $250.00 and 10 years later sell it for $591.84. What annualized rate of return did you earn? A. 13.67% B. 4.24% C. 9.00% D. 2.36% E. 10.90%

Other / Other allied-american-university / Other 02 Sep 2015

AC 302 Week 5 Quiz 3 Question Huggins Company has the following information at December 31, 2015 related to its pension plan: Projected benefit obligation $4,000,000 Accumulated benefit obligation 3,200,000 Plan assets (fair value) 4,350,000 Accumulated OCI (PSC) 300,000 The

Other / Other allied-american-university / AC 302 02 Sep 2015

CH 13 QUIZ 28 The value of a bond may be expressed as the sum of A. The interest payments and the maturity value B. The present value of the par value and the present value of the sum of the interest payments C. The present value of the maturity value and the sum of the present values of the interest payments D. None of the above

Other / Other strayer university / Other 02 Sep 2015

AC 302 Week 5 Quiz 4 Question The actuarial gains or losses that result from changes in the projected benefit obligation are called

Other / Other allied-american-university / AC 302 02 Sep 2015

CH 13 QUIZ 29 The duration of a bond is determined by a combination of the maturity date and value, and A. The pattern of coupon payments B. The call premium C. Put premium D. None of the above

Other / Other allied-american-university / Other 02 Sep 2015

AC 302 Week 5 Quiz 5 Question According to the FASB, recognition of a liability is required when the projected benefit obligation exceeds the fair value of plan assets. Conversely, when the fair value of plan assets exceeds the projected benefit obligation, the Board

Other / Other allied-american-university / AC 302 02 Sep 2015

CH 13 QUIZ 30 Duration is: A. Always longer than maturity B. Always the same as maturity C. Normally shorter than maturity D. Always shorter than maturity

Other / Other strayer university / Other 02 Sep 2015

AC 302 Week 5 Discussion Vickie Plato accounting clerk in the personnel office of Streisand Corp has begun to compute pension expense for 2016 but is not sure whether or not she should include the amortization of unrecognized gains/losses. She is currently working with the following beginning-of-the-year present values for the projected benefit obligation and market-related values for the pension plan: Projected Plan

Other / Other University of Phoenix / AC 302 02 Sep 2015

AC 302 Week 5 EXAM Quiz 100% Correct Question 1 The following information relates to Jackson Inc For the Year Ended December 31, 2014 2015 Plan assets (at fair value) $1,360,000 $1,824,000 Pension

Other / Other strayer university / AC 302 02 Sep 2015

CH 13 QUIZ 11 Duration analysis is subject to the assumption that all interest income can be reinvested at the market rate of interest.

Other / Other University of Phoenix / Other 02 Sep 2015