3 years ago

A 15-year bond with a face value of $1,000 currently sells for $850. Which of the following statements is CORRECT?

Business

1 answer:

german3 years ago

7 0

Answer:

The answer is letter C

Explanation:

The bond's yield to maturity is greater than its coupon rate.

Because the bond coupon rate it is the annual coupon payments, considering that a coupon rate is a fixed income security's yield paid, it means that in this question, the amount of the bond's face value is higher than the income.

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I Will give brainliest!!!!!!!!!!!! Now I know this isn't a question for schools, but I figured I really need this answer. A frie

natta225 [31]

Answer:

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Explanation:

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3 years ago

Wildhorse Company took a physical inventory on December 31 and determined that goods costing $676,000 were on hand. Not included

Elis [28]

Answer:

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Explanation:

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3 years ago

If the price of one of the products associated with indifference curves increases, all else the same, what is the result?

Rudik [331]

Answer:

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Explanation:

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3 years ago

Read 2 more answers

Suppose that $2000 is loaned at a rate of 11.5% , compounded semiannually. assuming that no payments are made, find the amount o

Zolol [24]

This problem is solved by using the compound interest formula:
A=P(1+(I/period))^(number of periods)
Where A = amount accumulated and P = amount loaned and I = Interest
A = ? P = $2, 000, I = 0.115, Period = 2 (semi annually) Number of period = 2
*7 (I. e paid twice over a 7 yrs span)
So we have
A = 2000 ( 1 + 0.115/2)^(14)
A = 2000 ( 1 + 0.0575)^(14)
A = 2000 (1.0575)^(14)
A = 2000 (2.1873851765154) = 4374.77035
So we have 4374.80 to the nearest cent.

6 0

3 years ago

Ace Industries has a current assets equal to $3 illion . the company's current ratio is 1.5. and its quick ratio is 1.0.

zavuch27 [327]

Answer:

$2,000,000

$1,000,000

Explanation:

We know that

Current ratio = Total Current assets ÷ total current liabilities

1.5 = $3,000,000 ÷ total current liabilities

So, the total current liabilities would be

= $2,000,000

And

Quick ratio = Quick assets ÷ total current liabilities

1.0 = Quick assets ÷ $2,000,000

Quick assets = $2,000,000

So, the inventory would be

= Total current assets - quick assets

= $3,000,000 - $2,000,000

= $1,000,0000

6 0

3 years ago