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
mash [69]
3 years ago
12

A firm has an issue of $1,000 par value bonds with a 8 percent stated interest rate outstanding. The issue pays interest annuall

y and has 10 years remaining to its maturity date. If bonds of similar risk are currently earning 8 percent, the firm's bond will sell for __________ today.
Business
1 answer:
dem82 [27]3 years ago
6 0

Answer: $1268.20

Explanation:

value of the bond today = Present value of coupon (interest) payments + present value of principal = 120[PVOAIF8%, 10] + 1000[PVIF8%, 10] =1,268

You might be interested in
Groups of related business activities such as the acquisition of merchandise and payment of vendors are called:_________
liraira [26]

Groups of related business activities such as the acquisition of merchandise and payment of vendors are called transaction cycles.

A transaction cycle is an interlocking set of business transactions. Most of those transactions may be aggregated into a comparatively small number of transaction cycles associated with the sale of products, payments to suppliers, payments to employees, and payments to lenders.

A transaction cycle is a set of accounting transaction that happens in a very normal sequence as an example a sales transaction is followed by shipping transaction, a billing transaction, and a cash receipts transaction.

Therefore, there are four transaction cycles which are the following:- Financial cycle, expenditure cycle, revenue cycle, conversion cycle.

To know more about transaction cycle here

brainly.com/question/13445906

#SPJ4

3 0
1 year ago
Two individuals start the same training program at the same time, but one is able to grow muscle faster and larger than the othe
stellarik [79]

Answer:A.One individual was born with more muscle fibers.

Explanation:

Muscle fibers are fibers that helps us break down the protein in our body and protein are the actual muscle makers .

If someone is born with muscle fibers his body breaks up these protein faster that the normal individual which makes their muscles build up faster than a normal person .

6 0
3 years ago
Read 2 more answers
The way Professor Quinn choose to handle this situation illustrates the difficulty of dealing with ethics violations. Listed as
miv72 [106K]

Answer:

The correct answer is:

Establishing a code of ethics

Referring ethical dilemmas to an ethics committee

Providing support for whistleblowers

Explanation:

The ethics of the company tries to apply ethical principles in decision-making and concrete actions, and provides tools that raise the ethical level of companies.

Business ethics includes the moral principles and norms that guide behavior in the business world. In fact, there are people who think that their personal values ​​and principles have nothing to do with those presented in their work environment. This is a mistake, when an ethical person works in a company where ethics remains, this person will have a place where he can develop his full potential and his degree of loyalty will be unimaginable.

Companies when they want to define their code of ethics, integrate a series of values ​​such as honesty, loyalty, integrity, innovation, quality, respect for the individual, among others.

4 0
3 years ago
The purpose of expansionary fiscal policy is to _____. answer.com
olasank [31]
Increase output!!!! 
little late but ...
8 0
3 years ago
Read 2 more answers
Which style of decision making will consumers who develop brand loyalty use?
lys-0071 [83]
Opportunity based decision making
7 0
2 years ago
Other questions:
  • Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 3.50 percent, a par value of $1,000 pe
    9·1 answer
  • All of the following information about a customer must be used in determining annuity suitability EXCEPT
    5·1 answer
  • The ____ rule explains variation in employee conduct through generalizing on the percentage of employees in any given organizati
    10·1 answer
  • Omnimenium, an automobile company, incurred a debt of $20 million for the fiscal year of 2016. The company used that money with
    9·1 answer
  • Fixed-income securities consist of debt instruments and preferred stock. Bonds are debt securities in which a borrower promises
    14·1 answer
  • What might be a plausible explanation for the extra entry? give at least two possibilities
    13·1 answer
  • Timothy uses a decision-making style characterized by low tolerance for ambiguity and a rational way of thinking. He typically m
    9·1 answer
  • A firm’s liquidity level decreases when:_______.
    6·1 answer
  • the four basic financial statements are: multiple choice income statement, sheet of retained earnings, balance statement, and st
    7·1 answer
  • A type of process that creates one-of-a-kind products is:_________
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!