Answer:
the YTM of the bond is 127.55 %
Explanation:
The YTM of the bond is the Market return that similar Bond Holders expect from the bond.
This can be calculated using a Financial calculator as :
PV = - $ 110.547
FV = $2,000
PMT = $2,000 x 7.05 % x 1/2 = $70.50
N = 19 x 2 = 38
P/yr = 2
YTM = ???
Therefore, the YTM of the bond is 127.55 %
The trustee must take all the actions like care for the assets to notifies the trustee that a borrower.
The first and most important of a Trustee's obligations is to maintain, manage, and care for the assets of the belief for the sole advantage of the beneficiaries of the consideration under the terms of the agreement with the tool.
The trustee has the right to be reimbursed for the expenses incurred by way of him for the reason of the agree with, like costs incurred for the execution of the trust, for the protection of the acceptance as true with property, for the protection or support of the beneficiary, and so forth.
The trustee can't grant legitimate and reasonable requests from one beneficiary in a well-timed way and deny or postpone granting legitimate and reasonable requests from some other beneficiary certainly due to the fact the trustee does now not particularly take care of that beneficiary. invest agree with property in a conservative way.
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The expense of making an additional shirt is called a variable expense. A variable expense is an expense that incurs everytime you make a product. For example, the cost of cloth and the cost of ink used for the t shirt design are all variable costs because they only incur when you make a new one.
True,When comparing a 10-year bond versus a 1-year bond, the 10-year bond has a much greater interest rate risk
<h3>What is
bond?</h3>
A bond is a sort of financial security in which the issuer owes the bearer a debt and is obligated to repay the principle of the bond as well as interest over a specified period of time, depending on the terms. Interest is normally paid at regular intervals.
Bonds are one way for businesses to raise funds. A bond is a loan made between an investor and a firm. The investor agrees to contribute the corporation a particular sum of money for a set length of time. In exchange, the investor receives interest payments on a regular basis.
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The purchase would be recorded a Debit Buildings; credit Notes Payable
<h3><u>
Explanation:</u></h3>
Any entry that helps in increasing asset value or accounts that are a associated with the expenses or helps in decreasing an equity account or liability refers to debit. An accounting entry that helps in increasing the equity account or liability and decreasing asset or expense account refers to credit.
In the given example, Bostel decides to expand the warehouse size and decides to purchase new building. Thus the value of asset is increased as the building is an asset to the company. The building is purchased by borrowing loans from a bank. Thus this amount increases the expense account or in other words increase the liability of the company. Hence the entry should be Debit Buildings; credit Notes Payable.
