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
MA_775_DIABLO [31]
3 years ago
9

Hanna Inc. has a proprietary bond-rating model and has determined the required return on the following Amerco bond is 7.5%. Assu

me the bond is being evaluated in the current month of 2020 and matures in the current month of the year indicated. Based on this information, calculate the amount the bond is over- or under-priced. Bond Coupon (%) Maturity Last Price (% of par) Amerco 9.125 2028 117.25 Answer: Over-priced by $76.05
Business
1 answer:
tatuchka [14]3 years ago
6 0

Answer:

Firstly, the question doesn't say anything about the frequency of coupon payment. Using trial and error method, based on the answer, I figured out that it pays semi-annual coupon payments.

Value of the bond = PV(rate = 7.5%/2, nper = 8*2, pmt = 91.25/2, fv = 1000, 0) = $1,096.45

Current Price = $1,172.50

Over valued by $76.05

Explanation:

You might be interested in
Recognizing an employee as the Star Performer of the Month would be satisfying the _____ need of the Maslow s hierarchy of needs
Vikki [24]

Answer:

The correct answer to the following question is Esteem need of Maslows hierarchy of needs.

Explanation:

Maslows hierarchy of need is a motivation theory given by Abraham maslow, according to him people are motivated in order to achieve certain. He has described his theory of needs as pyramid which consists of physiological needs, safety needs,  social needs, esteem needs and self actualization.

In esteem needs , maslow tells about people's need for appreciation and respect, after a person has achieved the first three basis needs , the persons behavior would be motivated by esteem needs. Because people have need for feeling prestige and sense of accomplishment, self worth and self esteem.

6 0
3 years ago
Judy barnes, betty turley, and bob turner want to obtain limited liability for their business, but they want to avoid double tax
siniylev [52]
The owners of the business should be able to register the company under sole-propietorship. In this type of ownership, the owners have the money and the money is considered theirs on the personal level. Thus, this makes them liable to single level of taxes. 
5 0
3 years ago
Write a conversation between florist and customer for ordering a bouquet to gift for mom on Mother's Day - write with etiquette
Tatiana [17]

Answer:

sorry sir you would have to do this on your own

8 0
3 years ago
Sunland Company made a $24700 sale on account with the following terms: 2/10, n/30. If the company uses the gross method to reco
nydimaria [60]

Answer:

The debit in the journal entry to record sale is Accounts receivable debit by $24700.

Explanation:

The gross method requires a company to record the sale at the gross value i.e. without deducting the discount allowed. Thus, under Gross method, the sale is recorded at its actual value. The entry to record this sale is:

Accounts Receivable    24700 Dr

       Sales revenue              24700 Cr

Thus, in this entry under gross method, the debit is Accounts receivable by $24700.

7 0
3 years ago
The type of distribution error that involves giving average ratings to all employees is called _____. select one:
Nina [5.8K]
The answer is letter a which is central tendency. It is because this is where managers give ratings to their employees or evaluate their employees base on their performances. And usually, they provide a rating to their employees as average because of the given factors that will fall in this decision. It could be because they fall within the rage, which they had provided, having them to have average ratings.
5 0
3 years ago
Other questions:
  • Sales revenue is​ $725,700; allocated manufacturing overhead is​ $95,100; actual manufacturing overhead is​ $120,500; and cost o
    14·1 answer
  • What is the difference between a marketing strategy and a marketing plan?
    5·2 answers
  • The five dollar Burger Joint gift card that your friend gave you for your birthday expires today. You can either use the gift ca
    10·1 answer
  • Demand for food doesn't change in response to a change in price. Why? 
    8·2 answers
  • g Bob makes his first $ 800 deposit into an IRA earning 7.4 % compounded annually on his 24th birthday and his last $ 800 deposi
    7·1 answer
  • Market economies operate on the principle of supply and demand.
    15·1 answer
  • When analyzing a price-earnings ratio:_________.
    6·1 answer
  • Use the information below to answer the following questions. Currency per U.S. $ Australia dollar 1.2377 6-months forward 1.2356
    12·1 answer
  • Select all that apply Benefits of small amounts of inflation include Multiple select question. more expansionary monetary policy
    8·1 answer
  • Limits on the quantity or total value of specific products imported to a nation are:_____.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!