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3 years ago

For financial managers to be socially responsible, it is necessary that they:

1 answer:

7 0

The correct answer that would best complete the given statement above is: MAKE A LONG TERM COMMITMENT TO THE NEEDS OF STAKEHOLDERS. For <span>financial managers to be socially responsible, it is necessary that they make a long term commitment to the needs of stakeholders. Hope this answer helps. </span>

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A bond has a par value of $1,000, a current yield of 6. 90 percent, and semiannual coupon payments. the bond is quoted at 101.17

poizon [28]

If the bond's par value is $1000,current yield be 6.90% and the bond is quoted at 101.17 then the each coupon payment is $34.9.

Given the bond's par value is $1000,current yield be 6.90% and the bond is quoted at 101.17.

We are required to find the amount of each coupon payment.

Bond value=$1000

Current yield=6.90%=0.0690

Bond quoted=101.17

Payment method=Semi annual =2 payments

Computation of annual coupon amount:

Current yield=Annual coupon/(Bond value*Bond quoted)

0.0690=Annual coupon/(1000*101.17%)

0.0690=Annual coupon/1011.7

Annual coupon=1011.7*0.0690

Annual coupon=$69.8073

Computation of each payment:

Each payment=Annual coupon /2 payment

Each payment=69.8073/2

Each payment=34.90365

Hence the amount of each payment of bond having par value of $1000 is $34.9.

Learn more about bond at brainly.com/question/25965295

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2 years ago

Based on the lesson and your research, how would you fund a four-year college degree? In two to three sentences, explain your ch

LekaFEV [45]

You can fund a four-year college degree by either of the following:

1. Loans
Loans can be acquired through federal aid or private means. They must be paid back with interest when the student has graduated. They are guaranteed by the federal government.

2. Scholarships
Scholarships depends on criterias from who will sponsor it. These criterias may include financial need, merits, field of study, etc. There are those who can help students look for a scholarship that fit them like counselors, the government or its agency, community organizations, etc.

3. Work-study programs
They operate with the financial aid office of the school. However, they require the student's determination and financial needs.

9 0

4 years ago

Read 3 more answers

ConsGrough, Inc. has increased its annual common dividend by 3% in each of the years that the company has existed. If you believ

Salsk061 [2.6K]

Answer: $171.67 would be the price of the security

Explanation: This problem relates to dividend growth model, which can be shown as follows :-

$=\frac{D_{1}}{P_{0}}+\:G$

where'

d1 = expected dividend

p = price

g = growth rate

therefore,

$=\frac{\$5\left ( 1+3\% \right )}{P_{0}}+\:3\%$

solving this we get

$p_0=\$171.67$

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3 years ago

The number of dependents that people are choosing to have is ?

joja [24]

Current demographic trends show that the number of dependents that people choose to have is <u>Decreasing</u>.

<h3>What is the trend in dependants?</h3>

A general trend that has been noticed in recent years is that people are choosing to have less dependants such as children.

The top reasons for this include more education and increased economic hardship.

Find out more on trends in population growth at brainly.com/question/521129.

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2 years ago

The Financial Accounting Standards Board has the authority to develop generally accepted accounting principles. Choose the optio

olga2289 [7]

Answer:

Explanation:

Based on the information provided within the question it can be said that the correct steps that are used by the FASB in developing GAAP (generally accepted accounting principles) would be the following: issuing a discussion memorandum, issuing an exposure draft, and issuing a statement of principle. This collection of accounting rules was then adopted by the U.S. Securities and Exchange Commission.

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3 years ago