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padilas [110]
1 year ago
7

Gordon Industries has 6 percent coupon bonds outstanding with a face value of $1,000 and a market price of $959.21. The bonds pa

y interest annually and have a yield to maturity of 6.5 percent. How many years will it be until these bonds mature? a. 6.0 years
Business
1 answer:
algol131 year ago
3 0

12.0 years will take for these bonds to mature.

What is a coupon in bonds?

The term "coupon," which is also sometimes referred to as "coupon payment," refers to the annual interest rate that is paid on a bond from the date of issuance until maturity. It is described as being a percentage of the bond's face value. When discussing coupons, the coupon rate is frequently employed.

How does coupon rate affect bond price?

The price of bonds is significantly influenced by the coupon rate on a bond in comparison to current market interest rates. Bond prices increase when a coupon is more than the current interest rate; prices decrease when a coupon is lower.

Learn more about coupon in bonds: brainly.com/question/22504216

#SPJ4

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Expansionary fiscal policy is generally designed to ____________ aggregate demand and thus ____________ real GDP and employment
vichka [17]

Answer:

increase

increase

Explanation:

Discretionary fiscal policies are deliberate steps taken by the government to stimulate the economy in order to cause the economy to move to full employment and price stability more quickly than it might otherwise.

Discretionary fiscal policies can either be expansionary or contractionary

Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.

Expansionary fiscal policies increases money supply which increases aggregate demand, as a result output  or real GDP increases

Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes

4 0
2 years ago
In reference to the standard medicare supplement benefits plans what does the term standard mean
Delicious77 [7]

All providers will have the same coverage options and conditions for each plan

4 0
2 years ago
One consumer promotion tool is​ __________, which are goods offered free or at a low cost as an incentive to buy a product.
Svetradugi [14.3K]
<span>Premiums are one consumer promotional tool where goods are offered at either a free or low cost to entice consumers to buy the product because of its. This allows companies to move products that they may have difficulty selling without the price reduction or that have low demand among consumers.</span>
4 0
2 years ago
"Based on historical figures, how much would you LOSE by putting your money in a savings account compared to investing in the st
Mama L [17]

Answer:

4.5% annual interest.

Explanation:

Assuming that we are talking about a specific Savings Account then we can say that the average APY on a savings account such as HSBC savings is 2.5% per year. On the other hand, the stock market has an average APY of 7% annually. Therefore, in order to find how much you would lose by putting your money in a savings account, we would need to subtract the savings account APY from the stock market APY.

7% - 2.5% = 4.5%

We can see that what you would lose in opportunity cost is 4.5% annual interest.

6 0
3 years ago
discuss the role of family members in assisting in the process of decision making about starting an own business
stellarik [79]
Family members can give advice but if they are not a business partner, then they don't have much of a say in the business. 
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3 years ago
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