Grady perdue has assets worth $1,500,000 and has written a legal document that specifies that all of his money go to his children. after he dies, there is a legal process to determine whether his document specifying how his assets be divided is valid. this is also the legal process by which his executor manages and distributes his property. what is this legal process called?
a. an estateb. a willc. a trustd. probatee. none of the choices

In the rbv are defined as the tangible and intangible assets that a firm controls that it can use to conceive and implement its strategies.answers: management policies

Bond x is noncallable and has 20 years to maturity, a 7% annual coupon, and a $1,000 par value. your required return on bond x is 10%; if you buy it, you plan to hold it for 5 years. you (and the market) have expectations that in 5 years, the yield to maturity on a 15-year bond with similar risk will be 9.5%. how much should you be willing to pay for bond x today? (hint: you will need to know how much the bond will be worth at the end of 5 years.) do not round intermediate calculations. round your answer to the nearest cent.

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