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agasfer [191]
3 years ago
8

Malko Enterprises’ bonds currently sell for $1,020. They have a 6-year maturity, an annual coupon of $75, and a par value of $1,

000. What is their current yield?
a. 6.40%
b. 6.91%
c. 6.62%
d. 7.35%
e. 8.46%
Business
1 answer:
mel-nik [20]3 years ago
3 0

Answer:

Current yield = <u>Annual coupon</u>

                         Current market price

Current yield = <u>$75</u>

                         $1,020

Current yield = 0.0735 = 7.35%

The correct answer is D

Explanation:

Current yield equals annual coupon divided by the current market price of the bond.

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Answer: (C) Marketing information system

Explanation:

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The marketing information system is basically define as the structure of the method in an organization that helps in the analysis of the data and then represent the information more efficiently.

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Career Cluster
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Answer: A

Explanation

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3 years ago
Wind damage occurs to your car costing $800 to repair. If you have a $500 deductible for collision and full coverage for compreh
Igoryamba

Answer:

$300

Explanation:

Deductible referred to as the amount paid from one's pocket to join the amount of one's loss, while the insurance company balance up the remaining.

The loss which is $800 is a little bit more than deductibles.

Damage=$800

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The damages is just $300 more than deductibles.

As stated in the question there is a collision and comprehensive insurance for the driver , therefore the driver will pay $500 from his own pocket.

THE PORTION OF CLAIM THE INSURANCE COMPANY PAY =($800-$500)=$300

$300 will only be received from the company.

In Higher deductibles the premium insurance is reduced in cost.

In lower deductibles there is higher premium but with the cost from one's pocket is low.

Deductible has influence on

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5 0
3 years ago
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Jing Company was started on January 1, Year 1 when it issued common stock for $36,000 cash. Also, on January 1, Year 1 the compa
san4es73 [151]

Answer:

$716 and $12,300

Explanation:

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Double decline rate = 100/5*2

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Second Year Depreciation = $18,100*60%*40%

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Accumulated Depreciation = $12,300

5 0
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