Answer:
Current yield = 0.04850444624 or 4.850444624% rounded off to 4.85%
Explanation:
The current yield is the yield of a bond provided by its interest or coupon payments as a percentage of its current price. The formula to calculate current yield is as follows,
Current Yield = Interest payment per year / Current price of the bond
As the bond is a semi annual bond, assuming that the par value is 100, the semi annual and annual interest or coupon payment will be,
Semi annual coupon = 100 * 0.048 * 6/12 = $2.4
Annual coupon payment = 2.4 * 2 = 4.8
Current Yield = 4.8 / 98.96
Current yield = 0.04850444624 or 4.850444624% rounded off to 4.85%
Answer:
b. $2,200.
Explanation:
Net income = Revenue - Expenses
Net income = $5,400 - $3,200
Net income = $2,200
Therefore, the amount of net income for the year is $2,200
Answer:
16 points
Explanation:
Customer sold stock short for $82 per share
Then, customer sold Sept 70 at $4
If short put is then exercised, the customer is obligated to buy the shares back at $70.
Net cost of the customer is $66 per share for the stock, therefore
Customer gains = 82 sale proceeds - 66 cost basis = 16 points.
Answer:
No
Explanation:
Sole proprietorships are businesses owned by one person. The owner raises the capital by themselves, either through savings, donations, or borrowing. The law does not distinguish the owner and the business. Business assets and liabilities are deemed to belong to the owner.
A sole proprietorship cannot raise funds from the stock exchange. Raising funds from the stock exchange involves issuing shares, bonds, or other marketable securities authorized by the stock exchange authority. A sole proprietorship cannot meet the requirement to trade in the stock exchange. Issuing of stock will imply investors will become owners of the business. This is not possible as a sole proprietorship can only have one owner.
Answer:
The correct answer is B
Explanation:
A credit score is the tool which is a statistical number that evaluates or computed the creditworthiness of the customer and it is based or grounded on the credit history.
In order to improve the credit score, one needs to use the credit card and pay the amount each month, which keeping no dues left.