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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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Reddit, Digg, and StumbleUpon are examples of popular
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Answer:

social bookmarking sites

Explanation:

Reddit, Digg and StumbleUpon are all Web sites dedicated to social bookmarking.

They fetch the contents from other Web sites and encourage their users to share their preferences on what they like and see all over the Internet with their friends.

They're not social networks per say because people aren't directly in contact with each other, only through their shared contents.

They're not tech blogs, because they rarely have any original contents and they're not targeting only technologies.

They're not video sites either, because they're sharing all kinds of contents.

8 0
2 years ago
As similar case studies, the cheyenne and the comanche are best depicted as examples of:
topjm [15]
The answer is <span>convergent adaptation
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2 years ago
Spencer wants to choose a career path that wouldn’t hold him to an office or laboratory. Which of the following career paths wou
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6 0
3 years ago
What does the term "judgment-proof" imply about a debtor? A. He/she has defaulted on a mortgage B. He/she has not property subje
Ierofanga [76]

Answer:

He/She has no property subject to execution.

Explanation:

It is description of a person who doesn't have the assets for the creditor to seize when the court order requires the debt repayment. A broke and unemployed person is judgement proof. The debtor having few legally protected assets and income is also judgement proof. Judgment proof is also called the collection proof and is not permanent. The judgement are valid for many years, the creditors continue to collect whatever the judgement allows even after they have won a lawsuit against a delinquent customer.

8 0
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A certificate of ownership in a corporation is called
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Referred to as a stock certificate, hope this helped!
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