In comparison with companies, what is the primary disadvantage of partnerships as a form of business organisation?

Jackson is interested in purchasing Sebastian’s house. Since Jackson is a poor negotiator, he hires Christopher to negotiate a purchase price. Identify the parties to this transaction.

Which one of the following statements expresses the difference between the capital market and the money market?

Zack wants to invest in an R11 000 bond that is currently selling for R11 050 and matures in four years. The yield to maturity is 12%. What is the coupon payment?

A 25-year R1 000 par value bond has an 8,50% annual coupon. The bond currently sells for R875. If the yield to maturity remains at its current rate, what will the price be five years from now?

A bond that pays an 8% coupon rate semi-annually on its R1 000 par value matures within 12 years and is currently selling at R875,40. What is the expected yield to maturity of the bond?

Finavrio Ltd has a 7%, semi-annual coupon bond outstanding with a current market price of R1 063. The bond has a par value of R1 000 and yield to maturity of 8%. How many years are left until this bond matures?

When a financial manager is faced with a normal yield curve, what will they more likely rely heavily on?

Tea bonds have a 10% coupon rate with a par value of R1 000. The bonds have 12 years to maturity and make quarterly payments. If the yield to maturity on these bonds is 6%, what would the current bond price be?

Renfro

Rentals issued a bond a few years ago that has a par value equal to R1 000 and

pays investors R30 interest every six months. The bond has eight years

remaining until maturity. If you require a 7% rate of return to invest in this

bond, what is the maximum price you should be willing to pay to purchase the

bond?