Sunland Real Estate Company management is planning to fund a development project by issuing 10-year zero coupon bonds with a face value of $1,000. Assuming semiannual compounding, what will be the price of these bonds if the appropriate discount rate is 9.8 percent?

Answers

Answer 1

Answer:

$384.141

Explanation:

Given the following :

Discount rate (r) = 9.8%

Semi-annual compounding

Face value = $1000

Period (t) = 10 years

Price of zero-coupon bond (P) :

Face value / ( 1 + r)^t

r =. 9.8%, compounded semianually

r = (9.8 / 100) = 0.098 / 2 = 0.049

Period (t) = 10 * 2 = 20

P = 1000 / (1 + 0.049)^20

P = 1000 / 1.049^20

P = 1000 / 2.6032

P = 384.14062

P = $384.141 ( 3 decimal places)


Related Questions

Emergency Operations Centers are part of the standard, national framework for incident management. This is described in A. the Command and Coordination component of the National Incident Management System (NIMS). B. the Resource Management component of the National Incident Management System (NIMS). C. the Operational Period Planning Cycle and Incident Action Plan for each individual incident. D. the Communications and Information Management component of the National Incident Management System (NIMS).

Answers

Answer:

Correct Answer:

C. the Operational Period, Planning Cycle, and Incident Action Plan for each individual incident.

Explanation:

Emergency Operations Centers are centers in National Incident Management in charge of incident management that is applicable at all  jurisdictional levels and across functional disciplines.

A prospective homebuyer signs a brokerage agreement under which the real estate company will help the client find a three-bedroom house in the $185,000 to $200,000 price range. A seller comes into the real estate company's office and signs a listing agreement in which the real estate company will act as the seller's agent to sell a two-bedroom condominium for $170,000. Based on these facts, which statement is TRUE

Answers

Options:

a.) The buyer is the real estate professional's client; the seller is the real estate professional's customer.

b.) The buyer is the real estate professional's customer; the seller is the real estate professional's client.

c.) While both the buyer and the seller are clients, the real estate professional owes the fiduciary duties of an agent only to the seller.

d.) Because both the buyer and the seller are the real estate professional's clients, the real estate professional owes the fiduciary duties of an agent to both

Answer: d.) Because both the buyer and the seller are the real estate professional's clients, the real estate professional owes the fiduciary duties of an agent to both

Explanation: According to the scenario above, both the buyer and the seller are clients of the real estate professional and as such service providers or professionals have moral and ethical obligations which must be performed in other to avoid situations which could compromise the integrity and professionalism of the real estate personnel. Therefore the real estate professional owes both the seller and buyer fiduciary duties (ethical relationship) and hence should deal with fairness between them.

Match the banking term with its definition.A. List currency coin and checks deposits into an accountB. A document signed by the depositor instructing the bank to pay a specified amount of moneyC. A record set up by a bank for its customerD. Explains the reason for paymentsE. Electronic transfer of cash from one party to another.a. Deposit ticket b. checkc. bank accountd. Remittance advicee. Electronic funds transfer

Answers

Answer:

A. Deposit ticket: List currency coin and checks deposits into an account.

B. Check: A document signed by the depositor instructing the bank to pay a specified amount of money.

C. Bank account: A record set up by a bank for its customer.

D. Remittance advicee: Explains the reason for payments.

E. Electronic funds transfer: Electronic transfer of cash from one party to another.

Explanation:

A. Check: List currency coin and checks deposits into an account.

B. Deposit ticket: A document signed by the depositor instructing the bank to pay a specified amount of money.

C. Bank account: A record set up by a bank for its customer.

D. Remittance advicee: Explains the reason for payments.

E. Electronic funds transfer: Electronic transfer of cash from one party to another.

Four brokerage firms operate in the same small city as Jackson’s firm. All the firms charge approximately the same listing commission and pay approximately the same cooperating commission to the selling broker. The commission splits within each firm are also similar. Is this an antitrust violation? Why or why not?

Answers

Answer:

Yes, this is antitrust violation. Because, the tend to restrain trade in that small city thereby denying other small player brokerage firms from making a living due to their monopolistic actions among themselves.

Explanation:

Antitrust laws are designed in-order to prohibit a number of business practices that restrain trade. Examples of illegal practices are price-fixing conspiracies, corporate mergers that are likely to cut back the competitive fervor of certain markets, and predatory acts designed to gain or hold on to monopoly power.

Violations of such laws attract sanctions and punishment from the regulatory body in-charge of protecting such.

A bank statement shows a balance of $8,445 at June 30. The bank reconciliation is prepared and includes outstanding checks of $2,790, deposits in transit of $1,350, and a bank service charge of $30. Among the paid checks returned by the bank was check no. 900 in the amount of $600, which the company had erroneously recorded in the accounting records as $60. The "adjusted cash balance" at June 30 is:

Answers

Answer:

$7,095

Explanation:

The computation of adjusted cash balance is shown below:-

Adjusted cash balance = Balance as per Bank Statement + Deposit in transit - Outstanding checks + bank Service charge + returned paid check no.900

= $8,445 + $1,350 - $2,790 + $30 + $60

= $7,095

Therefore for computing the adjusted cash balance we simply applied the above formula.

Frank needs to buy a new car. Before visiting a showroom, however, he logs onto www.autobytel.com. Here, he can compare the attributes of various makes and models, find information about the prices of various option packages, and learn the manufacturer's suggested retail prices for different cars. After deciding on the car he wants to buy, Frank visits the local showroom and negotiates with the salesperson for the model and options package he wants. Because Frank is so informed about prices, he is able to make a deal that is several hundred dollars less than the salesperson's best offer. Frank's car-buying experience illustrates which reason consumers shop online?A) convenienceB) communicationC) customizationD) choiceE) control

Answers

Answer: control

Explanation:

From the question, we are informed that Frank needs to buy a new car and that before visiting a showroom, however, he logs onto www.autobytel.com and compared the attributes of various makes and models, and also found other vital information.

We are further told that after deciding on the car he wants to buy, Frank visits the local showroom and negotiates with the salesperson for the model and options package he wants and he was able to make a deal that is several hundred dollars less than the salesperson's best offer.

Frank's car-buying experience illustrates control. Consumers like to have control when buying a product and have detailed information regarding a product.

Answer:

Control

Explanation:

The sixth reason why people shop online is control, which online shopping delivers to customers. The customer can seek information, evaluate available options, make purchases and timely decisions and all this is possible if the customer emphasizes control over their online shopping behaviors.

Here, Frank seeks online information, evaluates the best option and then choose the option. Frank also visits the showroom by searching online the product availability which confirms his evaluation of options that gives him control over his online shopping behavior. Furthermore, Frank makes deal that is several hundred dollars less than the salesperson's best offer which shows informed decision making of Frank and this was all possible because of control of purchasing behavior that online shopping delivers to customers.

Identify two prices indices?

Answers

Answer:

Some notable price indices include:

Consumer price index.

Producer price index.

Employment cost index.

Export price index.

Import price index.

GDP deflator.....

Answer:

consumer price indexproducer price index

Explanation:

consumer price index: it measures changes in the price level of a weighted average market basket of consumer goods and services purchased by households.

producer price index: it is a price index that measures the average changes in prices received by domestic producers for their output.

The primary result of a stock split or stock dividend is: Group of answer choices an increase in the number of common shares outstanding an increase in the common equity account an increase in the market value of common shares a decrease in the number of common shares outstanding an increase in the P/E ratio

Answers

Answer:

an increase in the number of common shares outstanding

Explanation:

A stock split is when a company increases the number of its shares outstanding.

for example if a company has 10 million shares outstanding at a price of $20, earning per share is $10 and dividend per share is $0.50. this company announces a 2 for 1 split :

the number of outstanding shares becomes 2 x 10 million = 20 million

stock price becomes = $40 / 2 =$20

earning per share = $10 / 2 = $5

dividend per share = $0.5 / 2 = $0.25

p/e before split = $40 / $10 = 4

P/E after split = $20 / $5 = 4

so stock per share, earning per share and dividend per share decreases. P / E remains unchanged

write 3 importance/ benefits of life insurance.​

Answers

Answer:

A life insurance policy can pay off any debts that you leave behind that would be a burden to your family. Debts such as a mortgage, credit cards, car loans and even your funeral expenses can have a dramatic impact on your family and their lifestyle.

Explanation:

Any debts that you leave behind and that would be a burden on your family can be paid off by a life insurance policy. Debts like a mortgage, credit card debt, auto loans, and even funeral costs may significantly affect your family's livelihood.

By purchasing life insurance, you may shield your spouse and kids from the potentially catastrophic financial losses that could arise in the event of your passing. It offers financial stability, aids in debt repayment, assists in covering living expenditures, and aids in covering any last or medical costs.

The vast majority of experts concur that you absolutely must obtain life, health, long-term disability, and car insurance. Small company owners, working parents, stay-at-home parents, retirees, childless singles, and empty nesters all stand to gain from life insurance, in general.

Learn more about insurance here:

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Lew's has 500 bonds outstanding with a price quote of 98.6. There are also 12,000 shares of common stock selling for $47 a share and 5,000 shares of preferred stock at $70 a share. What is the weight of equity

Answers

Answer:

$963300

Explanation:

Number of bonds = 500

Quote price of bond = 98.6

number of common stock shares = 12000

price of common stock share = $47

Number of preferred stock shares = 5000

price of preferred stock shares = $70

Calculate the weight of Equity

market value of bonds = 500 * 98.6 = $49300

market value of common stock = 12000 * 47 = $564000

market value of preferred stock = 5000 * 70 = $350000

therefore the weight of equity of Lew's

= value of bonds + value of common stock + value of preferred stock

= 49300 + 564000 + 350000 = $963300

Effects of the launching of Sputnik included:________
a. protests about excessive government
b. spending tax cuts that were meant to stimulate a faltering economy
c. a loss of credibility for the scientists of the Soviet Union
d. calls for more funding for science education in America the growth of the antiwar movement

Answers

Answer:

Option D

Calls for more funding for science education in America the growth of the antiwar movement

Explanation:

Due to the cold war, the need for superiority in science and technology was created, and the U.S and Russia were the two countries running the arms race to gain superiority. When Russia launched the first rocket into space, The US responded by channeling funds into research and development. This was done in order to launch their own satellite into space as well. This was achieved a few years later with the launching of the Explorer 1

Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $45,900. The machine's useful life is estimated at 10 years, or 399,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33,900 units of product.
Determine the machine's second-year depreciation and year end book value under the straight-line method

Answers

Answer:

7,980 and $37,920

Explanation:

The computation of machine's second-year depreciation and year end book value under the straight-line method is shown below:-

Depreciation

= (Purchase cost - Salvage value) ÷ Useful life

= ($45,900 - $6,000) ÷ 10

= $3,990

Now,

Depreciation for year 1 is equals to Depreciation for year 2 = $3,990

2nd year

Accumulated depreciation at the end is

= $3,990 + $3,990

= $ 7,980

Now, Book value at the end of the second year

= Purchase cost - Accumulated depreciation

= $45,900 - $7,980

= $37,920

The owner of a property creates a deed, leaving the name of the grantee blank, and puts it in a drawer, where it is forgotten for several years. One day, a visitor finds the deed, fills in his name as grantee, and attempts to record it. However, the owner will probably have no trouble disputing the validity of the deed because

Answers

Answer is given below

Explanation:

The owner will probably have no trouble disputing the validity of the deed because the person listed as Granny allows the deed to be kept legally when it is filed, as well as the physical deed is clearly greedy, there is no way to dispute it unless the property owner has provided proof that the visitor has given his or her grading permission.

When a business doesn't have control of all the environmental forces, it is called ________ design. For example, Acme Medical relies on predictions and contingencies to cope with unexpected input. Last year, an influenza epidemic affected suppliers, personnel, and even customers, causing lost production and lost profit.

Answers

Answer: open

Explanation:

An open design is business that doesn't have control of all the environmental forces. This can bring about loss and bad happenings to the business.

This is shown in the example given above that Acme Medical relies on predictions and contingencies to cope with unexpected input and that last year, an influenza epidemic affected suppliers, personnel, and even customers, causing lost production and lost profit.

Ratio analysis:___________.
a) Includes estimating the net present value of the investment opportunity.
b) Is generally adequate to fully assess an investment’s expected return.
c) Requires cash flow estimates for the investment’s entire expected holding period.
d) Serves as an initial evaluation of the adequacy of an investment’s expected cash flows.

Answers

Answer:

D. Serves as an initial evaluation of the adequacy of an investment's expected cash flows.

Explanation:

Ratio analysis serves as an initial evaluation of the adequacy of an investment's expected cash flows.

Ratio analysis can be defined as the analysis of different pieces of financial information in the financial statements of a business.

Ratio analysis is used to get insight about the financial wellbeing of a business. It is used by analysts to determine various aspects of a business, such as its profitability, liquidity, and solvency.

Which process involves monitoring identified and residual risks, identifying new risks, carrying out risk response plans, and evaluating the effectiveness of risk strategies throughout the life of the project

Answers

Answer: Controlling risk

Explanation:

A risk event is an uncertain event or occurrence that can affect the achievement of the objectives of a project.

Controlling risk involves monitoring identified and residual risks, identifying new risks, carrying out risk response plans, and evaluating the effectiveness of risk strategies throughout the life of the project.

when convicts are released from prison, they have no money, and there is a high rate of recidivism the released prisoners return to crime and are arrested again. Would providing income support to ex-convicts during the first months after their release from prison reduces recidivism

Answers

Answer:

Yes

Explanation:

Recidivism can be defined as seen in the question as the tendency of an ex-convict to return to crime.

When a person returns from a sentence, he has nothing. No income, no job, etc. As a result of this, some ex-convicts are tempted into returning to the lifestyle that got them imprisoned in the first instance. Without a job,which is as a result of stigmatization of ex-convicts as never-do-well, there can't be income.

For this reason, the government should endeavor to give ex-convicts income support for a few months after their release from the prison. This will go a long way in helping the ex-convicts stay of crime and also help them plan towards a better life.

Cheers.

A credit downgrade typically results in​ _________ interest rate for new debt. A. no change in B. not enough information to tell C. a higher D. a lower 2. There​ is​ a(n)​ _________ relationship between the price of an outstanding bond and market interest rates. A. none of the above B. positive C. direct D. inverse 3. The greater the volatility of earnings the​ ______________ the bond rating when everything else is held constant. A. there is no relationship between earnings and bond rating. B. higher C. lower D. volatility is irrelevant when evaluating earnings

Answers

Answer and Explanation:

1. If there is the downgrade of credit than there would be a higher rate of interest charged for a new debt

2. Also, there is an inverse relationship between the outstanding bond price and the market rate of interest i.e if the bond price is increased the rate of interest is less and vice versa

3. And if the volatility of the earning is high that leads to less rating of bond keeping the other things constant

Elderly travelers as well as those who are physically challenged find it hard to climb stairs when they are allotted motel rooms which are not on the first floor.The Convenience Inn has succeeded in catering to this specific group of customers via its motels,all of which have one floor of rooms with no stairs to climb.Which of the following refers to The Convenience Inn's success in identifying distinct groups of consumers whose needs,wants,and purchasing behavior differ from others in important ways?A) market penetrationB) market developmentC) market segmentationD) product developmentE) diversification

Answers

Answer:

C) market segmentation

Explanation:

The market segmentation refers to the segmentation of the market i.e division that are depended upon various attributes like the same interested, needs, locations, taste and preferences. It could be behavior, geographical, psychographic, demographic, etc

In the given situation, since Convenience Inn is succeeded in catering to the particular customer groups so this represents the market segmentation

The stock price of Harper Corp. is $33 today. The continuously compounded interest rate is 6%. A put option on Harper Corp. stock with an exercise price of $30 and an expiration date 73 days from now is worth $.95 today. A call option on Harper Corp. stock with an exercise price of $30 and the same expiration date should be worth __________ today. (Assume 365 days a year) A. $2.25 B. $3.14 C. $3.99 D. $4.31

Answers

Answer:

D. $4.31

Explanation:

The computation of expiration date should be worth in today is shown below:-As per put-call parity

P + S = present value of X + C

Where,

P indicates the value of the put option

S indicates the current price of a share

X indicates the strike price

C indicates the value of the call option.

Present value of X = X ÷ e^r

r  represents the risk-free rate

Now, we will put the values into the above formula

Present value of X = 30 ÷  e^0.012

r = 6% × (73 ÷ 365)

= 1.2%

0.95 + 33 = (30 ÷ e^0.012) + C

After solving the above equation we will get

C = $4.31

By the end of the accounting period, employees have earned salaries of $500, but they will not be paid until the following pay period. Which of the following is the proper adjusting entry? A) Credit Salaries expense for $500. B) Debit Salaries payable for $500. C) Credit Unearned revenues for $500. D) Debit Salaries expense for $500.

Answers

Answer:

D) Debit Salaries expense for $500.

Explanation:

Preparation of the proper adjusting entry

Since we were told that employees have earned salaries of the amount of $500 in which they wont be paid until the following pay period which means that the adjusting entry will be:

Debit Salaries expense for $500

If a stock is correctly priced, then you know that ____________. A. the dividend payout ratio is optimal B. the stock's required return is equal to the growth rate in earnings and dividends C. the sum of the stock's expected capital gain and dividend yield is equal to the stock's required rate of return D. the present value of growth opportunities is equal to the value of assets in place

Answers

Answer: the sum of the stock's expected capital gain and dividend yield is equal to the stock's required rate of return

Explanation:

Stock are the investment that are made by individuals or firms into a public company.

When a stock is correctly priced, it means that the sum of the stock's expected capital gain and dividend yield is equal to the stock's required rate of return

Assume the U.S. government wants to hold the value of the dollar at​ $1.00 U.S. equals 120 Japanese​ yen, but it finds that the value of yen is appreciating against the U.S. dollar. What would be an appropriate policy to reverse this​ trend?

Answers

Answer: Buy U.S. dollars.

Explanation:

As the currency market is also controlled by the laws of supply and demand where an increase in demand increases price and a decrease in supply does the same, should the US want to increase the value of the dollar, they should buy more US dollars.

This action would increase the demand for the dollar while reducing the amount of dollars in the market. This will invariably lead to an increase in the price of the dollar all else equal.

A toy company no longer selling a bicycle with a faulty part is using which risk management
strategy?

A. Avoiding risk
B. Accepting risk
C. Sharing Risk
D. Reducing risk

Answers

A. and D. combined should be the answer

Hope this helped •з•

Answer:

This is an example of A. Avoiding risk

Explanation:

The answer is A because by not selling the bike with the faulty part, they are AVOIDING injuring the people who purchase their bikes.

Assume Jones Manufacturing begins March with 20 units of inventory that cost $15 each. During March, the following purchases and goods sold were: March 15 Purchased 25 units at $18 30 Sold 30 units Using the FIFO inventory costing method and the perpetual system, what is the ending Merchandise Inventory on March 30?

Answers

Answer:

$270

Explanation:

The computation of the ending inventory using the FIFO method is shown below:

But first we have to determine the ending inventory units which is shown below:

= Beginning units + purchased units - sale units

=  20 units + 25 units - 30 units

= 15 units

Now the ending inventory is

= 15 units × $18

= $270

Hence, the ending inventory is $270

Strikes are much more disruptive in pro sports than in mainstream business because A. players have unique talents and cannot be replaced with temporary replacement workers. B. professional athletes' salaries are so much higher than the average worker. C. sports are seasonal, thus have less time to realize revenue. D. All of these are correct.

Answers

Answer:

A. players have unique talents and cannot be replaced with temporary replacement workers.

Explanation:

The reason for disturbing strikes in pro sports as compared with the mainstream business is due to unique talents in players that cannot be easily found also it should not be replaced with the temporary workers.

As due to unique talents of players the win chances of games could be high

Therefore the correct option is a.

sun inc factors 2,000,000 of its accounts receivables withou recourse for a finance charge of 5%. the company retains equal to 10% of the accounts recevable for possible adjustments. sun estimates of the recourse liabilitty at 75,000. What would be recorded as gain or loss on the transfer of receivables?

Answers

Answer:

$100,000

Explanation:

Calculation for What would be recorded as gain or loss on the transfer of receivables

Account receivable 2,000,000

Less Cash 1,700,000

(2,000,000*85%)

Due from Factor account 200,000

(2,000,000*10%)

Loss on sales of receivable $100,000

Therefore What would be recorded as gain or loss on the transfer of receivables will be $100,000

At December 31, 2017, Larkspur Corporation had an estimated warranty liability of $124,000 for accounting purposes and $0 for tax purposes. (The warranty costs are not deductible until paid.) The effective tax rate is 30%. Compute the amount Larkspur should report as a deferred tax asset at December 31, 2017. Deferred tax asset at December 31, 2017

Answers

Answer:

$37,200

Explanation:

The amount of deferred tax on 31 December 2017 for Larkspur can be calculated by multiplying the estimated warranty liability for accounting purposes with an effective tax rate.

DATA

Estimated warranty = $124,000

Effective tax rate = 30%

Deferred tax liability =?

Solution

Deferred tax liability = Estimated warranty x Effective tax rate

Deferred tax liability = $124,000 x 30%

Deferred tax liability = $37,200

Suppose that initially the price is $20 in a perfectly competitive market. Firms are making zero economic profits. Then the market demand shrinks permanently, some firms leave the industry, and the industry returns to a long-run equilibrium. What will be the new equilibrium price, assuming cost conditions in the industry remain constant

Answers

Answer:

$20

Explanation:

A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

demand falls and so does supply. therefore price would remain unchanged in the long run equilibrium.

DEF Company is incorporating and coming to market with an initial public offering of common stock. The company has already filed their registration statement and the registration has become effective. The company sees that demand for securities is high, and decides to amend the total amount of common stock that will be offered. Would this amendment be allowable under the rules of the Uniform Securities Act

Answers

Answer: Yes. The amendment be allowable under the rules of the Uniform Securities Act.

Explanation:

Based on the scenario that have been provided in the question,the amendment will be allowable under the rules of the Uniform Securities Act.

It should be noted that even though the amendments that are made to a registration statement are not allowed when it's beyond the effective date, there is a limited exception when the modification is made to the amount of securities that are being offered.

Other Questions
All the following statements concerning ordinary life insurance are correct EXCEPT: Group of answer choices The face amount of the policy is paid if the insured lives to age 75. Premiums are level throughout the life of the policy. There is a build-up of cash value the policyholder can borrow. Ordinary life offers the policyholder the flexibility to meet a wide range of financial objectives. Write the passive form of the sentence if neccessary . If enough had been known about the way volcanoes are caused lose of life would have been greatly reduced. Please Help, I can't figure out this problemFind the distance between the points (9,-7) and (5, -4).A. [tex] \sqrt{137} [/tex]B. 5C.[tex] \sqrt{7} [/tex]D.25 True or False. The brain area that is activated when people smell disgusting food is similarly activated when they feel moral disgust in response to a perceived injustice. Please help soon as possible! This is urgent! Match each expression with the correct description. Rank the total mass of each stack Maths! 1) Calculate the variance and standard division of the set of the data2) If each value is added by 2, calculate the new standard deviation of the set3) What is the effect on the measure of dispersion if each value is changed uniformly Selected data concerning operations of Cascade Manufacturing Company for the past fiscal year follow: Raw materials used ..... $300,000 Total manufacturing costs charged to production during the year (includes raw materials, direct labor, and manufacturing overhead applied at a rate of 60 percent of direct labor costs) ..... 681,000 Cost of goods available for sale ...... 826,000 Selling and general expenses ...... 30,000 Beginning Inventories Raw materials ...... $70,000 Work-in-process...... 85,000 Finished goods ...... 90,000 Ending Inventories Raw materials ...... $80,000 Work-in-process ...... 30,000 Finished goods ....... 110,000 Determine each of the following: a. Cost of raw materials purchased b. Direct labor costs charged to production c. Cost of goods manufactured d. Cost of goods sold How do you think food influences culture? Based on what you have learned, how does food contribute to the development of different ways of life, inventions, and other advancements? On January 1, 2018, Martinez Inc. granted stock options to officers and key employees for the purchase of 22,000 shares of the companys $10 par common stock at $23 per share. The options were exercisable within a 5-year period beginning January 1, 2020, by grantees still in the employ of the company, and expiring December 31, 2024. The service period for this award is 2 years. Assume that the fair value option-pricing model determines total compensation expense to be $340,800.On April 1, 2019, 2,200 options were terminated when the employees resigned from the company. The market price of the common stock was $33 per share on this date.On March 31, 2020, 13,200 options were exercised when the market price of the common stock was $41 per share.Prepare journal entries to record issuance of the stock options, termination of the stock options, exercise of the stock options, and charges to compensation expense, for the years ended December 31, 2018, 2019, and 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)DateAccount Titles and ExplanationDebitCreditJan. 1, 2018Dec. 31, 2018April 1, 2019Dec. 31, 2019Mar. 31, 2020Jan. 1, 2018Dec. 31, 2018April 1, 2019Dec. 31, 2019Mar. 31, 2020Jan. 1, 2018Dec. 31, 2018April 1, 2019Dec. 31, 2019Mar. 31, 2020Jan. 1, 2018Dec. 31, 2018April 1, 2019Dec. 31, 2019Mar. 31, 2020Mar. 31, 2020 Which is biotic?O waterO temperaturebeeswaxrocks Lists 4 department in a hotel What rational number, when multiplied by an irrational number, has a product that is a rational number? (1 point) How do animals survive along the deeper parts of the seafloor? A They feed at the surface. B They feed on each other. C They photosynthesize. Choose the word that BEST completes the following sentence.Each year, you and your brother can _______________ another place to visit. Group of answer choiceschosenchoosechoosedchose Laura is bowling 5 games. Her first 4 scores were 135, 144, 116, and 132.To end up with an average score of at least 136.8, what is the lowest score Laura will need in the fifth game? Experiments are performed with ultracold neutrons having velocities of 7.54 m/s. (a) What is the wavelength (in nm) of such a neutron 3.1x^3-2.4x +6x 3 = 4x + 3x +2solving problem How does the free enterprise system distribute jobs? by the majority rule of voters by government regulations by competition among workers by compromise among citizens Lourdes considers herself lucky. Immigration has redefined her, and she is grateful. Unlike her husband, she welcomes her adopted language, its possibilities for reinvention. Lourdes relishes winter most of allthe cold scraping sounds on sidewalks and windshields, the ritual of scarves and gloves, hats and zip-in coat linings. Its layers protect her. She wants no part of Cuba, no part of its wretched carnival floats creaking with lies, no part of Cuba at all, which Lourdes claims never possessed her. Which sentence is an example of magic realism? Unlike her husband, she welcomes her adopted language, its possibilities for reinvention. Lourdes relishes winter most of allthe cold scraping sounds on sidewalks and windshields, the ritual of scarves and gloves, hats and zip-in coat linings. Its layers protect her. She wants no part of Cuba, no part of its wretched carnival floats creaking with lies, no part of Cuba at all, which Lourdes claims never possessed her.