9. Describe the nature of bond discount and of bond premium.
10. Explain the two methods of recording bond investments.
11. What data must necessarily be known in order to calculate the periodic amortization of bond discount or premium?
12. Derive the formula for the present worth of a given sum at compound interest.
13. Derive the formulas for the sum and present worth of an annuity.
14. Explain the three methods for valuing bonds.
15. On what basis should sinking funds be valued?
16. On what basis should investments in land be valued?
Chapter XVI
1. What principles are particularly applicable to the valuation of equipment assets?