A derivative financial instrument is best described as: a. Evidence of an ownership interest in an entity such as shares of common stock.
b. A contract that has its settlement value tied to an underlying notional amount.
c. A contract that conveys to a second entity a right to receive cash from a first entity.
d. A contract that conveys to a second entity a right to future collections on accounts receivable from a first entity.

Frugala is when sylvestor puts $2,000 into 10-year state bonds and $3,000 into 5-year aaa-rated bonds in steady hand hardware, inc. he buys the four state bonds at a 5 percent interest rate and the three steady hand bonds at a 6.5 percent rate. sylvestor also buys $1,500 worth of blue chip stocks, and $800 worth of stock in a promising new sportswear company that reinvests its earnings in new growth. 1. (a) what is the maturity for each of the bond groups sylvestor buys? (b) the coupon rate? (c) the par value?

Omnidata uses the annualized income method to determine its quarterly federal income tax payments. it had $100,000, $50,000, and $90,000 of taxable income for the first, second, and third quarters, respectively ($240,000 in total through the first three quarters). what is omnidata's annual estimated taxable income for purposes of calculating the third quarter estimated payment?

20. to add body to a hearty broth, you may use a. onions. b. pasta. c. cheese. d. water.