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
eimsori [14]
2 years ago
12

Security P is a preferred stock and Security Z is a zero coupon bond that has 11 years remaining until maturity. Both securities

have an yield of 10%. The duration of Security P ____________.
Business
1 answer:
uranmaximum [27]2 years ago
6 0

The duration of Security P based on the info given will be 11 years.

<h3>How to calculate the time?</h3>

From the information given, Security P is a preferred stock and Security Z is a zero coupon bond that has 11 years remaining until maturity.

Therefore, the duration will be:

= (1 + y)/y

= (1 + 0.1)/0.1

= 1.1/0.1

= 11 years

Learn more about security on:

brainly.com/question/25720881

#SPJ1

You might be interested in
In the long run, an increase in aggregate demand from a position of full employment leads to:
Bess [88]

higher prices and higher outputs

8 0
3 years ago
China had a $214 billion overall current account surplus in 2012. Assuming that China’s net debt forgiveness was zero in 2012 (i
Pie

Answer:

The correct asnwer is $-214 billion.

Explanation:

A surplus occurs when an account exceeds the credit after having paid all its debts and obligations.

As the example says, assuming that China’s net debt forgiveness was zero in 2012, then the net balance of China's financial account balance would be -214 billion.

This means that China would be facing a deficit.

A defit means that more money comes out of our company's account than it enters.

Which causes China to have a<u> negative balance account.</u>

4 0
3 years ago
Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respec
Allushta [10]

Answer: The answer is e. $215,000.

Explanation: Based on the information provided in the question, see the cash flows statement below:

XYZ Cash Flows Statement

Net income                                                         $180,000

Increase in account receivable                           (15,000)

Increase in accounts payable                              50,000

Cash flows from operating activities             $215,000

  • Note that the purchase of equipment of $50,000 cash would not be considered under cash flows from operating activities but would rather be considered under cash flows from investing activities.
  • Increase in accounts receivable means outflow of cash while increase in accounts payable means non-payment of debt, that is, inflow of cash.
7 0
3 years ago
Read 2 more answers
In understanding and analyzing "market demand," we focus on how much all buyers are
Vikki [24]
<span>We look at how much all buyers want to buy and are willing to do so. If buyers are not wanting to purchase a certain product, the overall demand will go down, and the reverse is true when buyers are positive toward a product.</span>
6 0
3 years ago
Indicate the accounting concepts, principles, or constraints that underlie each of the following independent situations: account
Sholpan [36]

Answer:

Accounting entity concept:

The basic idea behind this concept is that business and the owner are two different entities. Their transactions are to be recorded separately.

Going concern concept:

The concept is to have a view that the company is going to stay solvent in the future. That is we will have another accounting year in the future unless and otherwise we have evidence to the contrary.

Cost-benefit constraint:

It limits the amount of time to research the cost of an event if its benefits outweighs. In case of an immaterial event if its cost outweighs the benefits then that event can be forgone.

Expense recognition (matching principle):

The matching principle states that all the expenses are to be recorded based on the year they have been  incurred rather than on the time they are paid.

Materiality constraint:

It states that any event that changes or effects the decision making of the user of financial statement should be recorded and vice versa.

Revenue recognition principle:

It states that the revenue is to be recorded in the period in which it has been incurred instead when it is collected. Accrual basis gives a more clear picture of the performance of the company.

Full disclosure principle:

It requires to disclose any information to be mentioned in the foot notes of the financial statements of the company that might affect the user of financial statement. This helps in identifying the methods used for accounting practices and any event that might effect the organisations future existence.

Cost principle:

To record the transactions based on their historical costs rather than making adjustments for fluctuations in market place.

7 0
3 years ago
Other questions:
  • Who is the president of malaysia
    10·2 answers
  • Hunter, Inc.'s accounts receivable increased during the year by $407,000. Its bad debt expense was $235,000, and its allowance f
    13·1 answer
  • The 2015 American Time Use survey contains data on how many minutes of sleep per night each of 10,900 survey participants estima
    10·1 answer
  • A company issued 70 shares of $30 par value preferred stock for $4,000 cash. The journal entry to record the issuance is:
    9·1 answer
  • The organizational environment is a set of forces and conditions that operate within an organization's boundaries. true false
    13·1 answer
  • Oriole Family Instruments makes cellos. During the past year, the company made 6,630 cellos even though the budget planned for o
    7·1 answer
  • A company is going to be performing an initial offering. The offering will be limited to one state. The company has no intention
    5·1 answer
  • Present value of dividends: Fresno Corp. is a fast-growing company whose management expects it to grow at a rate of 30 percent o
    13·1 answer
  • Which of the following scenarios is a circumstance in which it would be ethical to practice confidentiality?
    8·1 answer
  • You’ve been invited to help a foreign affiliate of your company set next year’s prices. Inflation last year was 5%, the unemploy
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!