1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
xenn [34]
2 years ago
9

You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently Janua

ry 15, 2019. The bonds have a par value of $2,000 and semiannual coupons. Company (Ticker) Coupon Maturity Last Price Last Yield EST $ Vol (000’s) Xenon, Inc. (XIC) 7.10 Jan 15, 2042 94.387 ?57,379 Kenny Corp. (KCC) 7.29 Jan 15, 2039 ?6.36 48,958 Williams Co. (WICO) ?Jan 15, 2046 94.905 7.18 43,819 What is the yield to maturity for the bond issued by Xenon, Inc.? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Business
1 answer:
Natali5045456 [20]2 years ago
5 0

The yield to maturity for the bond issued by Xenon, Inc. is 7.62%.

<h3>What is the yield to maturity for the bond issued by Xenon, Inc.?</h3>

The yield to maturity of a bond is the total return that would be earned if a bond is held to maturity.

The yield to maturity can be determined using a financial calculator:

  • Coupon = 7.1% = 0.071 x 2000 = $142
  • Number of years = 2042 - 2019 = 23
  • Price =0. 94387 x 2000 = 1,887.74
  • Full price = 2000

YTM = 7.62%

To learn more about yield to maturity, please check: brainly.com/question/5506528

You might be interested in
Felipe works for an insurance agency with about 50 employees. The HR director recently sent an email requesting information on w
Zinaida [17]

Answer:

C.  Most people used the reply all button

Explanation:

This is a problem that can occur in companies due to misuse of e-mail functionalities. What happened in this case was that the employees who responded to the HR director's request email, used the reply button to all contacts forwarded in the director's original email, which ends up creating an email chain unnecessary and can hinder and delay the work of other employees, who need to see emails related to their role.

Therefore, the essential thing is that each employee makes use of the e-mail tool effectively, responding only to the recipient of the e-mail and avoiding sending unnecessary and private messages to contacts not interested in the professional subject addressed in the e-mail.

7 0
3 years ago
Explain the link between scarcity and opportunity cost.​
Helga [31]

Answer:

Resources are limited in supply(scarcity) while wants are unlimited thus one has to make a choice to satisfy a need.Some choices are forgone(opportunity cost)

5 0
2 years ago
In June, an investor purchased 200 shares of Oracle (an information technology company) stock at $37 per share. In August, she p
Iteru [2.4K]

Answer:

the  weighted mean price per share is $38.76

Explanation:

The computation of the weighted mean price per share is given below:

= (200 shares × $37 per share + 270 shares × $36 per share + 490 shares × $41 per share) ÷ (200 shares + 270 shares + 490 shares)

= ($7,400 + $9,720 + $20,090) ÷ (960 shares)

= $37,210 ÷ 960 shares

= $38.76

Hence, the  weighted mean price per share is $38.76

4 0
2 years ago
Read 2 more answers
Assume that locating a cement factory in the middle of Boston would save the producer $5 million at a public expense, in polluti
never [62]

Answer:

$5 million

Explanation:

If we follow the Coase Theorem, the appropriate solution to this case should be obtained regardless of initial rights. In this case, the factory saves $5 million to the producer, but it costs $10 million to Boston residents. if Boston residents pay $5 million or more to the factory owner, then both would benefit. Boston residents will gain $10 - $5 = $5 million, as well as the factory owner.

7 0
2 years ago
Look at Exercise 19.2. Compute the opportunity costs of producing sweaters and wine in both France and Tunisia. Who has the lowe
monitta

Answer:

Answer Illustration : Opportunity Cost of producing Wine is lesser in France, Opportunity Cost of producing Sweaters is lesser in Tunisia. So, France has comparative advantage in Wine, Tunisia in Sweater.

Explanation:

Opportunity Cost is the cost of next best alternative foregone while choosing an alternative.

Opportunity Cost of producing Sweaters & Wine in France & Tunisia are quantities of other goods (Sweaters or Tunias) sacrifised while choosing either. Sweater Opportunity Cost - Wines sacrifised, Wine Opportunity Cost - Sweaters sacrifised.

The country has a comparative advantage in a good if it can produce it with relatively less opportunity cost (in terms of other good sacrifised) than other country.

Ex : Production Possibilities

                   Wine            Sweater    Trade off (Wine :Sweater)

France          10                   5              1:0.5  or 2:1

Tunisia          8                   24              1:3  or 0.33:1

  • France produces Wine with lesser opportunity cost (sweater sacrifised) than Tunisia  [0.5 sweater < 3 sweaters] ; it has comparative advantage in Wine.
  • Tunisia produces Sweater with less opportunity cost (wine sacrifised) than France [ 0.33 wine <  2 wines] ; it has comparative advantage in Tunisia
7 0
3 years ago
Other questions:
  • A permanent decline in the market value of an asset is called
    7·1 answer
  • Which of the following is essential in a satisfying work environment?
    12·2 answers
  • Adjusting Entries for Accrued SalariesGarcia Realty Co. pays weekly salaries of $26,500 on Friday for a five-day workweek ending
    7·1 answer
  • Which of the following government policies is least likely to increase the standard of living in the United States?Investment in
    14·1 answer
  • Pioneer or breakthrough products:___________
    13·1 answer
  • Which of the following statements is CORRECT?
    6·1 answer
  • A company estimates that overhead costs for the next year will be $8,320,000 for indirect labor and $155,500 for factory utiliti
    6·1 answer
  • In the context of stragetic planning the streagtic goals of an orgainzation represent concrete benchmarks that managers can use
    11·1 answer
  • Lardo Inc. plans to build a new manufacturing plant in either Country X or Country Y. It projects gross revenue in either locati
    7·1 answer
  • Assume that Tommy and Michelle have an AGI of $107,000 before IRA deductions by either spouse. The AGI includes $10,000 that Mic
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!