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2 years ago

How are the costs of secured and unsecured loans different?

Business

1 answer:

Alecsey [184]2 years ago

7 0

Answer:

Because your assets can be seized if you don't pay off your secured loan, they are arguably riskier than unsecured loans. You're still paying interest on the loan based on your creditworthiness, and in some cases fees, when you take out a secured loan.

Explanation:

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Cardinal Health bonds have an annual coupon rate of 3.4 percent and a par value of $1,000 and will mature in 7 years. If you req

Alex787 [66]

The answer is "$716.56", and the further calculation can be defined as follows:
Health care business, Cardinal Health Leading provider healthcare, and biopharmaceutical products and services that help pharmacists.
The healthcare providers impact on customer care whilst reducing costs, improving productivity, or increasing productivity.

Annual coupon to be paid $\bold{= \$1000 \times 3.4\%= \$1000 \times \frac{3.4}{100} = \$34}$

years = 7

Calculating the bond price:

$= \$1000 \times PVF(5\%, 7\ years) +\$34 \times PVAF(5\%, 7\ years) \\\\= \$1000 \times 0.71068 +\$34 \times 0.17282\\\\= \$710.68 + \$5.87588\\\\= \$716.55588\\\\= \$716.56\\\\$

So, the final answer is "$716.56".

Learn more:

brainly.com/question/15570099

5 0

3 years ago

The relationship between the future value of a single sum and the corresponding present value of a single sum is determined by t

Schach [20]

Answer:

Explanation:

interest rate per compounding period ; number of compounding periods

5 0

3 years ago

The bond has a 12% annual coupon rate, a $1,000 par value, it matures in 15 years and pays coupon quarterly. The current bond pr

Vladimir79 [104]

Answer:

A. 14.28%

Explanation:

As per Approximation formula,

Quarterly yield = (A + B / C) * 100

A = Quarterly coupon = 12% of 1,000 / 4 =30

B = (Redemption - Price value / Number of coupon) = (1,000 - 900) / (15 * 4)

= 1.667

C= (Redemption value + Price / 2) = 1,000 + 900 / 2 = 1,900 /2 = 950

Quarterly yield = 30 + 1.66667 / 950 = 31.6667 / 950 = 0.03333

Quarterly yield = 3.33%

Using the calculator, we get exact Ytm quarterly = 3.3925%

Effective amount yield = {(1 + 0.033925)^4 - 1} * 100

Effective amount yield = 0.142762 * 100

Effective amount yield = 14.2762%

Effective amount yield = 14.28%

4 0

3 years ago

A good cover letter should only address your ability to perform __________ skills that the employer is seeking.

aalyn [17]

Answer: b. three or four

Explanation:

Cover letters are meant to introduce the applicant for the role in a manner that would inspire the recruiter to want to take their applicant further in the recruitment process.

As such, the applicant should include some selling points to encourage this. One of said selling points is the possession of the skills that the role in question requires. A good number to possess/include in the letter is three to four of said skills because anything less might be too little and anything more might inspire distrust.

7 0

3 years ago

The NIMS guiding principle of ______________ facilitates interoperability among organizations in incident response. a. Flexibili

Sav [38]

Answer: (B) Standardization

Explanation:

The standardization is the principle of the NIMS (National incident management system) and it specifically helps in managing or operating the communication and the information system.

It also helps in facilities the interoperability in an organization for the specific incident response and also establishing the action on the basis of proper planning.

The main objective of the national incident management system is that it helps in guiding the various types of private and the government sectors to prevent and also protect from the various types of incidents.

Therefore, Option (B) is correct answer.

8 0

3 years ago