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Question - Winston Enterprises has a 15-year bond issue outstanding that pays a 9 percent coupon. The bond is currently priced at $894.60 and has a par value of $1,000. Interest is paid semiannually. What is the yield to maturity?
A. 8.67 percent
B. 10.13 percent
C. 10.16 percent
D. 10.40 percent
E. 10.45 percent
Ddescribe the possible "errors" or "frauds" that could occur because of the control weakness. You are to do this using the information provided in the case.
Describe a situation where managers would benefit from using variable costing instead of absorption costing. What specific benefits would the managers realize?
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Explain to Lisa the components of internal control. Explain to Lisa at least 5 internal control procedures she must establish to protect herself against fraud
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