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STR 581 Capstone Final Examination, Part Two | STR 581 answers - UOP E Tutors

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32. Regatta, Inc., has six-year bonds outstanding that pay a 8.25 percent<br />

coupon rate. Investors buying the bond today can expect to earn a yield to<br />

maturity of 6.875 percent. What should the company’s bonds be priced at<br />

today? Assume annual coupon payments. (Round to the nearest dollar.)<br />

$1014<br />

$972<br />

$923<br />

$1,066<br />

33. Variance reports are:<br />

internal reports for management<br />

SEC financial reports<br />

external financial reports<br />

all of these<br />

34. The break-even point is where:<br />

contribution margin equals total fixed costs.<br />

total sales equal total variable costs.<br />

total sales equal total fixed costs.<br />

total variable costs equal total fixed costs.<br />

35. When a company assigns the costs of direct materials, direct labor, and<br />

both variable and fixed manufacturing overhead to products, that company is<br />

using:<br />

operations costing<br />

product costing<br />

absorption costing<br />

variable costing

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