Answer:
current price = $1191.79
Explanation:
given data
time t = 15 year
annual coupon bonds rate = = 7.5 %
par value = $1000
interest rate = 5.5%
maturity time = 14 year
to find out
current price of the bonds
solution
we get here first annual coupon rate = 7.5% of 1000
annual coupon rate C = $75
so now we get current price of bond
current price of the bonds = 
.................1
put here value
current price = 
current price = 
solve it we get
current price = $1191.79
Given its current stock price the dividend yield would be 42.39%.
Given,
Digby is paying a dividend of $19. 67 (per share)
Dividend were raised by $3. 64
Dividend yield = Dividend per share / Market price per share.
As there is no share price given, I shall assume that the share price is $100. The new share price will be:
= 100 * (1 + $3. 64)
= $464
The Dividend yield would then become:
= 19.67 / 464
= 42.39%
The dividend yield will be calculated on the basis of the dividend per share divided by the market price per share and this will be calculated on the basis of the percentage.
To learn more about dividend yield here:
brainly.com/question/18687546
#SPJ4
Answer:
The adjustment at month-end is :
Supplies Expense $400 (debit)
Supplies $400 (credit)
Explanation:
The Supplies Account is an asset Account that decreases as the supplies are used in the business.
The use of supplies prompts the recognition of an <em>expense</em> and de-recognition of an <em>asset</em> as follows :
<em>Supplies Expense $400 (debit)</em>
<em>Supplies $400 (credit)</em>
Answer:
33.8%
Explanation:
Purchase price of the bond will be computed using the formula below.
where A = annual coupon = 10% * 1000 = 100
r = yield to maturity = 0.1384
n = time to maturity = 20 years
F = face value = $1,000
p = price of the bond.
Therefore, if Janet sold the bond a year later for $994.79,
the profit on sale = 
= 33.8% profit (rate of return).
