A company issued 5-year, 7% bonds with a par value of $100,000. The market rate when the bonds were issued was 6.5%. The company received $101,137 cash for the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest period is: A: $3,386.30. B: $3,500.00. C: $3,613,70. D: $6,633.70. E: $7,000.00.

(I) Prices of longer-maturity bonds respond less dramatically to changes in interest rates. (II) Prices and returns for long-term bonds are less volatile than those for shorter-term bonds.

According to the pure expectations theory, an upward-sloping yield curve implies: A: interest rates are expected to decline in the future. B: interest rates are expected to increase in the future. C: longer-term bonds are riskier than short-term bonds.

The primary structure of proteins consists of a sequence of amino acids linked together by peptide bonds and includes any disulfide bonds.

A( n ) ( ) is a financial document. A: bill of exchange B: bill of lading C: bearer bonds D: commercial invoice