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NEW QUESTION: 1
Die Governance der Informationssicherheit wird in erster Linie von welchen der folgenden Faktoren bestimmt:
A. Technologieeinschränkungen
B. Geschäftsstrategie
C. Prozesspotential
D. Regulatorische Anforderungen
Answer: B

NEW QUESTION: 2
Yisen Co issues 2,000 convertible bonds at the start of 2012. The bonds have a three year term, and are issued at par with a face value of $1,000 per bond, giving total proceeds of $2,000,000. Interest is payable annually in arrears at a nominal annual interest rate of 6%. Each bond is convertible at any time up to maturity into 250 common shares.
When the bonds are issued, the prevailing market interest rate for similar debt without conversion options is 9%. At the issue date, the market price of one common share is $3. The dividends expected over the three year term of the bonds amount to 14c per share at the end of each year. The risk-free annual interest rate for a three year term is 5%.
What is the value of the equity component in the bond?
NB.Discount factor at 9% year 3 is 0.772, Annuity factor is 2.531
A. $152,280
B. $456,000
C. $NIL
D. $152,580
Answer: A

NEW QUESTION: 3

A. Option A
B. Option C
C. Option B
D. Option D
Answer: B