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mote1985 [20]
3 years ago
13

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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Has your idea of yourself five years from now changed in any way since beginning this course? If so, describe the reasons. If no
sesenic [268]

Answer:

This is a personal question man

Explanation:

Im sorry, but I can't answer personal questions

Sorry

6 0
3 years ago
Each year a cash grant is given to a deserving college student. The grant consists of the interest earned that year on a $440,00
Harlamova29_29 [7]

Answer:

The cash award will be equal;l to $444422.01

Explanation:

We have given amount invested P = $440000

Rate of interest r = 8.3%

Time t = 1 year

As the amount is compounded on daily basis

We know that 1 year = 365 days

So rate of interest r=\frac{1}{365}=0.00273 %

Time period n = 365

We know that final amount is equal to A=P(1+\frac{r}{100})^n

So A=440000(1+\frac{0.00273}{100})^{365}=444422.01$

So the cash award will be equal;l to $444422.01

6 0
3 years ago
The following information is provided for Slickers, Inc. for year 2016: • Preferred stock, 5%, $20 par value, 1,500 shares issue
gayaneshka [121]

Answer:

The amount of dividends paid to common stockholders in 2016 is $4000

Explanation:

The cumulative preferred shares are the shares that accumulate dividends in case the dividends on these shares are not paid or paid partially in a year. The accumulated dividends will need to be paid first whenever the company declares dividends.

The amounts of dividends on preferred share for one year is,

Dividends - Preferred shares = 20 * 0.05 * 1500  =  $1500

Thus, the accumulated dividends on these preferred shares at start of 2016 is,

Accumulated dividends - Preferred shares = 1500 * 3 = $4500

The common shares holders are paid after the preferred share holders have been paid. This means that we will deduct the amount of accumulated dividends on preferred shares and the dividends for this year on preferred shares from the total dividends to calculate the amount to be paid to common share holders as dividends.

Common stock dividends =  10000 - (4500 + 1500)   = $4000

3 0
3 years ago
Bond appraisals are used in the municipal secondary market because:_______. I the market is thin II the market is active III tra
gogolik [260]

Answer: B. I and IV

Explanation:

An appraiser bond is simply an insurance form that is bought by appraisers which indicates total compliance with the regulations and the laws in their field.

Bond appraisals are used in the municipal secondary market because the market is thin and trades are not reported to a consolidated tape.

4 0
3 years ago
Gordon was a computer programmer for Hi-Tech Solutions, a corporation with 100 employees. He developed carpal tunnel syndrome an
malfutka [58]

Answer:

Gordon and Hi-Tech Solutions

Under these circumstances, Gordon is entitled to reasonable accommodations, which his employer can offer him, under the ADA.  The accommodations may involve assigning him to work that may not require the use of a keyboard to type and ensuring that he does not lose his position as a result of his physical condition.

Explanation:

Protections are offered to workers like Gordon who develop physical or mental disabilities prior to and during employment under the Americans with Disabilities Act.  It attempts to ensure that Americans with disabilities are not put to disadvantage or out of employment because of their disabilities.  Instead, reasonable accommodations are offered to such workers to ensure that they can continue to earn a living.

7 0
2 years ago
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