Mike is looking for a loan. He is willing to pay no more than an effective rate of 8. 000% annually. Which, if any, of the following loans meet Mike’s criteria? Loan X: 7. 815% nominal rate, compounded semiannually Loan Y: 7. 724% nominal rate, compounded monthly Loan Z: 7. 698% nominal rate, compounded weekly a. Y only b. X and Z c. Y and Z d. None of these meet Mike’s criteria.

Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?

On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.

Atrough in the business cycle occurs when