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2 years ago

If the effective annual yield on a bond is equal to the bondʹs coupon rate, the bond will have a market value that is

Business

1 answer:

Mazyrski [523]2 years ago

4 0

Answer:

The coupon rate is the stated periodic interest payment due to the bondholder at specified times. The bond's yield is the anticipated overall rate of return. If the bond's price changes and is no longer offered at par value, the coupon rate and the yield will no longer be the same as the coupon rate is fixed and yield is a derivative calculation based on the price of the bond.

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Disposal of Fixed Asset Equipment acquired on January 6 at a cost of $287,000, has an estimated useful life of 8 years and an es

aliina [53]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Purchasing cost= $287,000

Useful life= 8 years

Estimated residual value= $37,400

To calculate the annual depreciation under the straight-line method, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (287,000 - 37,400) / 8

Annual depreciation= $31,200

Depreciation remains constant during the useful life of the asset.

We can calculate exactly the annual depreciation for the first year.

Year 1= (31,200/365)*360= $30,772.60

4 0

3 years ago

What is the amount of the payments that Ned Winslow must make at the end of each of 8 years to accumulate a fund of $90,000 by t

nekit [7.7K]

Answer:

Amount to be paid annually by Ned Winslow = $8461.35

Explanation:

Fv = A ( 1 + r)∧n - 1

90,000 = A ( 1 + 0.08)∧8 - 1

0.08

90,000 = A ( 1.8509 - 1)

0.08

90,000 = 10.6366A

A = 90,000/10.6366

= $8,461.35

3 0

3 years ago

Read 2 more answers

Which of the following statements is false?

GenaCL600 [577]

Answer: Actual overhead costs always enter the Work-in-Process account.

Explanation:

The work-in-process account is an account where the value of goods yet to be completely produced are recorded while the overhead cost is simply a business running cost, that is cost on expenses the business makes to keep functioning.

Overhead cost is not recorded in work-in-process account, rather it is recorded as business expenses.

6 0

3 years ago

ssume the following information: Milling Department Materials Conversion Total Cost of beginning work in process inventory $ 10,

Ilia_Sergeevich [38]

Answer:

the total cost of ending work in process is $39,420

Explanation:

The computation of the total cost of ending work in process is shown below:

Equivalent cost per unit

Material = $301,600 ÷ 5,200 units = $58 per unit

Conversion = $405,500 ÷ 5,000 units = $81.10 per unit

Now ending work in process is

= 400 units × $58 + 200 units × $81.10

= $23,200 + $16,220

= $39,420

Hence, the total cost of ending work in process is $39,420

3 0

2 years ago

Alice has found a great book review to use for her speech. while the book being reviewed is a little too complicated for her pur

lorasvet [3.4K]

This source would be a synopsis. A synopsis is a brief summary or outline of a book, which aligns with Alices' speech. While Alices' speech may not formulate any new viewpoints of this book, her synopsis may make her peers understand the general themes the book encompasses. That said, her speech serves as a great template for others that may want to read the book.

3 0

3 years ago