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alexdok [17]
2 years ago
7

Mother & daughter jewelers breaches its lease with longview mall and vacates the premises six months before the end of the t

erm. in some states, longview would have to
Business
1 answer:
evablogger [386]2 years ago
5 0

The answer to the question is use reasonable means to find a new tenant to mitigate damages. This particular approach is actually the preferred method when dealing with contract breaches, which is part of the duty to mitigate, applied to the landlord.

In this context, Longview Mall has a duty to find another tenant to ensure that the property does not sit empty for a long period of time (maximum 2 years).

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Oil Wells offers 5.65 percent coupon bonds with semiannual payments and a yield to maturity of 6.94 percent. The bonds mature in
FinnZ [79.3K]

Answer:

option (d) $929.42

Explanation:

Data provided in the question:

Coupon bonds payments = 5.65% semiannual

Yield to maturity, r = 6.94% = 0.0694

Face value = $1000

Now,

Coupon bond payments = \frac{5.65\%}{2} × $1,000

= $28.25

market price per bond = Payment × \frac{(1-\frac{1}{(1+\frac{r}{2})^{2n}})}{\frac{r}{2}} + \frac{\textup{face value}}{(1+\frac{r}{2})^{2n}}

Here,

n is the maturity period and 2n is due to the semiannual payments

Thus,

market price per bond = $28.25 × \frac{(1-\frac{1}{(1+\frac{0.0694}{2})^{2\times7}})}{\frac{0.0694}{2}} + \frac{\textup{1,000}}{(1+\frac{0.0694}{2})^{2\times7}}

= $28.25 × 10.942 + 620.3

= $929.42

Hence,

The answer is option (d) $929.42

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2 years ago
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Which of the following compensation proposals is most likely to be in the best interest of the company’s shareholders? A base sa
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David, Richard, and Anthony are partners in a law firm under a typical partnership agreement in which each owns an equal share o
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Answer:

Partnership will most likely be dissolved

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