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Elanso [62]
3 years ago
15

You purchase a bond with an invoice price of $1,410. The bond has a coupon rate of 6.8 percent, and there are 3 months to the ne

xt semiannual coupon date. What is the clean price of the bond? Assume a par value of $1,000.
Business
1 answer:
Arlecino [84]3 years ago
5 0

Answer:

clean price = $1,393

Explanation:

The clean price of the bond does not include any accrued interests. The invoice price = clean price + accrued interests

  • invoice price = $1,410
  • accrued interests = $1,000 x 0.068 x 3/12 = $17

clean price = invoice price - accrued interests = $1,410 - $17 = $1,393

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The Young Woman's Club of Williams has been operating for seventy-five years as an organization that supports women who stay at
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Answer:

A) a liability.

Explanation:

Probably, the strong culture held by the Young Woman's Club of Williams (YWCW) will be perceived to have a very low tolerance for diversity by the newcomers. It will also prevent the organization from growing in number. That doesn't mean that it will lose affiliates, but the total number of affiliates will not grow according to the growth in Williams's total population.

Since its strong culture will prevent the YWCW from growing and adapting to community changes, it should be considered a liability.

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3 years ago
Which short-term financial managers are involved with selling on credit and are directly responsible to the vice president of fi
gregori [183]

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Accordingly, Credit manager along with controller are directly responsible to the vice president of finance.

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3 years ago
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8 0
3 years ago
Which global environmental problem may be worsened by the use of gas hydrates as an energy source?
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<span>The energy source in gas hydrates is methane, which is trapped inside of ice. Extraction of the methane may result in leakage of small amounts of methane. This is a potential global environmental problem because methane is a very potent greenhouse gas.</span>
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3 years ago
Paid to prem rs1400 and settled his account​
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I don’t understand what you are trying to say or what your question is?
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3 years ago
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