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astraxan [27]
3 years ago
9

You find a zero coupon bond with a par value of $10,000 and 30 years to maturity. The yield to maturity on this bond is 5.2 perc

ent. Assume semiannual compounding periods. What is the price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Business
1 answer:
muminat3 years ago
7 0

Answer:

The price of the bond is 2143,67

Explanation:

A zero coupon bond is a bond that does not pay coupon payments and instead pays one lump sum at maturity.

Zero coupon bond value= F/(1+r)^t

F = face value or a par value

r= rate of yield per period

t= time to maturity ( in periods)

Replacing

F = $10,000

We assume semiannual compounding periods

r= 5.2/2=2.6

t= 30 x 2=60

Zero coupon bond value= $10,000/(1+0.026)^60

Value = 2143,67

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Answer:

Emma Burnley has a wide span of control

Explanation:

Span of control is defined as the number of subordinates that are directly reporting to a manager . It can be narrow or wide depending on the number of reporting employees.

In a situation where a large numbers and layers of employee report to a particular manager , it is called a wide span of control

Employees get more responsibilities with less supervision and get motivated. However , the manager might just get overworked and have trouble making decision.

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3 years ago
Which of these can most easily be removed from a budget if spending is higher than income? A. Fixed expenses B. Discretionary sp
earnstyle [38]

Answer:

B discretionary spending

Explanation:

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3 years ago
People with the primary responsibility for administering the systems that house the information used by the organization perform
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Answer:

system administrators

Explanation:

System administrators -

It refers to the people , who are incharge to maintain the IT infrastructure of the company , is referred to as system administrators.

The person play an important role in order to maintain the system.

Hence , from the given information of the question,

The correct term is system administrators .

7 0
3 years ago
Comparing Three Depreciation Methods Waylander Coatings Company purchased waterproofing equipment on January 6 for $502,200. The
jeyben [28]

Answer:

Please find the complete question in the attached file.

Explanation:

Year\ \ \ \ \ \ \ \text{Straight - line method}  \ \ \ \ \ \ \text{Units-of-Activitymethod}\ \ \  \ \ \ \text{Double-declining-balance method}\\\\1\ \ \ \ \ \ \ \ \$211,200\ \ \ \ \ \ \ \ \$316,800\ \ \ \ \ \ \ \ \$460,400\\\\2\ \ \ \ \ \ \ \ \$211,200\ \ \ \ \ \ \ \ \$264,000\ \ \ \ \ \ \ \ \$230,200\\\\3\ \ \ \ \ \ \ \ \$211,200\ \ \ \ \ \ \ \ \$149,600\ \ \ \ \ \ \ \ \$115,100\\\\4\ \ \ \ \ \ \ \ \$211,200\ \ \ \ \ \ \ \ \$114,400\ \ \ \ \ \ \ \ \$39,100\\\\

Total\ \ \ \ \ \ \ \ \$844,800\ \ \ \ \ \ \ \ \$844,800\ \ \ \ \ \ \ \ \$844,800\\\\

7 0
3 years ago
Effie Company uses a periodic inventory system. Details for the inventory account for the month of January, 2013 are as follows:
rjkz [21]

Answer:

The answer is $762

Explanation:

Without doubt the 140 units on hand at month end would comprises of:

100 bought units on 1/28/13 for $5.50 each        $550

40 units purchased on 1/15/13 $5.30 each           $212

Total value of closing inventory                             $762

The value of closing inventory at the end of the month using FIFO method of valuing inventory is $762

FIFO First In First Out method assumes that the first sets of stock purchased are sold first which is in  sharp contrast with LIFO Last In First Out where the last sets of inventory are assumed to be sold first.

However, the LIFO method tends to overvalue inventory in a period of rising inflation

7 0
4 years ago
Read 2 more answers
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