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ira [324]
11 months ago
12

simmons company issued four-year bonds with a par value of $1,000,000. the bonds have a 4% coupon rate and interest is payable s

emi-annually. the market rate of interest is 6%. what is the amount of the semi-annual interest payment that simmons must make to investors?
Business
1 answer:
VLD [36.1K]11 months ago
7 0

Simmons Company issued four-year bonds with a $1,000,000 par value. Interest is due semi-annually on the bonds, which have a 4% coupon rate. The market interest rate is 6%. $1002402.88 must Simmons pay investors in interest on a semi-annual basis.

The Indeed Editorial Team is made up of a brilliant and diverse group of writers, researchers, and subject-matter experts who use Indeed's data and insights to provide helpful advice for navigating your career path.

Understanding how loans and investments operate is essential to laying a solid financial foundation for both you and your company. How interest is calculated is one of the key aspects of loans and investments. Your loans and investments may have simple interest or compound interest terms. You will discover what it implies, why it matters, and how to compute interest that is compounded semiannually interest in this post.

Learn more about semiannually interest here

brainly.com/question/14969931

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If you have $3,000 invested in a roth ira, what is true about your contribution?
Arlecino [84]
A. You have already paid taxes on the money, so it will grow tax free.
5 0
3 years ago
Stormy Corporation has two service departments (S1 and S2) and two production departments (P1 and P2), and uses the step-down me
Marianna [84]

Answer:

E. Both S1's cost should be allocated (i.e., spread) over 140 employees and S2 should allocate a total of $390,000 to P1 and P2.

Explanation:

As S1 gives more service, So it would be allocated first

Here

S1 cost of $280,000 would be allocated to S2 P1 and P2 based on number  of employees

The total employees in S2 P1 and P2 is

= 20 + 50 + 70

= 140

And, the Cost to be allocated per employee is

= $280,000 ÷ 140

= $2,000

Now cost received by S2 is

= $2,000 × 20

= $40000

And, the cost received by P1 is

= $2,000 × 50

= $100,000

And, the cost received by P2 is

= $2,000 × $70

= $140,000

Now

S2 contains total cost of

= $350,000 + $40,000 (from S1)

= $390,000

So this would be allocated to P1 and P2 as S1 has already allocated  

Hence, option D is correct

3 0
3 years ago
A partner that invests money in a business, but does not take an active role in management or assume unlimited liability is best
Arturiano [62]

Answer: Limited partner

Explanation:

The limited partner is part of the owners of a partnership business that doesn't play an active role in supervising daily business operations and whose liability in the business is limited only to the amount of money invested into the business. The limited partner leaves the partnership daily runnings for the active partner.

8 0
3 years ago
ICE is a non-profit organization that runs awareness campaigns and research programs that provide data to initiate the process o
prisoha [69]

Answer: D. Two of the most experienced employees on the team reported having to shoulder a disproportionate amount of the current workload and asked for an internal transfer.

Explanation:

Social loafing means when an individual exerts less effort in order to achieve a particular goal when the individual is part of a group but when the individual works alone , he or she works harder and exerts more effort.

Based on the information given, the presence of social loafing in the team will be that "Two of the most experienced employees on the team reported having to shoulder a disproportionate amount of the current workload and asked for an internal transfer".

Here, there's dispersion of responsibility as the results in he group group can't be attributed to a particular employee. In such case, the employees may be tempted to wanting to work alone.

4 0
2 years ago
The process of determining the probability that potential customers will not pay is called:
DENIUS [597]

The process of determining the probability that potential customers will not pay is called <u>"credit analysis".</u>


Credit analysis is a sort of analysis an investor or bond portfolio chief performs on organizations or other obligation issuing substances to gauge the element's capacity to meet its obligation commitments. The credit investigation looks to recognize the suitable dimension of default chance related with putting resources into that specific substance.  

The result of the credit analysis will figure out what hazard rating to appoint the obligation guarantor or borrower. The hazard rating, thus, decides if to stretch out credit or advance cash to the obtaining substance and provided that this is true, the sum to loan.

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