1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Minchanka [31]
3 years ago
14

Watson consulting, llc is a consultancy to consultants. They have bonds which have a face value of $1,000. The bonds carry a 3.5

percent semi-annual coupon, and mature in 10 years. What is the current price of these bonds if the yield to maturity (the going market rate, rd) is 5 percent
Business
1 answer:
Montano1993 [528]3 years ago
3 0

Answer:

The current market price is $ 883.08  

Explanation:

The current market price can be ascertained using the pv excel function as follows:

=-pv(rate,nper,pmt,fv)

rate is the semiannual yield to maturity which is 5%/2

nper is the number of semiannual coupons in the bond i.e 10*2=20

pmt is the semiannual coupon=3.5%*1/2*$1000=$17.5

fv is the face value of the bond

=-pv(5%/2,20,17.5,1000)=$ 883.08  

You might be interested in
Yada Company manufactures luggage sets. Yada sells its luggage sets to department stores. Yada expects to sell 2 comma 000 lugga
Inessa05 [86]

Answer:

                                          JANUARY                       FEBRUARY

TOTAL SALES                     $410,000                       $430,500

Explanation:

for January

number of luggage set sold 2000

price for each set  = $205

sales for month January  = 205*2000 = $410,000

for February

number of luggage set sold 2100

price for each set  = $205

sales for month February  = 205*2100 = $430,500

                                          JANUARY                       FEBRUARY

TOTAL SALES                     $410,000                       $430,500

6 0
3 years ago
Craig Roberts purchased one-half of Ennis Leighton’s interest in the Vale and Leighton partnership for $34,000. Prior to the inv
Alborosie

Answer:

Explanation:

w

3 0
3 years ago
What will be the effect on short-run price, quantity, and profit if a technological development reduces marginal costs in a comp
Studentka2010 [4]

Answer:

Price

The price in the short-run will decrease because with less marginal costs, producers would produce more goods and services which would shift the supply curve to the right. The new intersection with the demand curve will be at a lower price.

Quantity

As said above, producers would produce more goods and services which means that the quantity supplied will increase.

Profit

This is a competitive market. Each firm will earn zero profits because the drop in price will match the drop in marginal costs to ensure that firms are not making anything extra.

5 0
3 years ago
Older adults who work bridge jobs tend to be ________ than those who work full time or quit completely.
yaroslaw [1]

Older workers are also more likely to become self-employed, with small businesses or consulting work, some employers offer phased retirement (called "bridge work"). The tendency for elderly people to perceive, prefer, and remember positive images and experiences more than negative ones.

<span> </span>

6 0
3 years ago
The common theme of the contingency theories is​ _________. A. each looked at leadership from the perspective of the follower B.
Iteru [2.4K]

Answer:

B. each seeks to define the best leadership style for different kinds of situations

Explanation:

Contingency theories emphasizes on the idea that there's no one best way of leading, managing and/or organizing a business or firm. Pointing out that, a style of leadership or technique that may be successful for a person or a situation may not necessarily be successful for another person or situation. Thus, the contingency theories defines the best leadership style is determined by the kind of situation presented. Contingency theories tries to combine the specific situation faced by a leader and the leader personal characteristics.

3 0
3 years ago
Other questions:
  • Prior to the write off of a $500 customer account, Athena Company had the following account balances: Accounts receivable $19,60
    11·1 answer
  • According to the ohio and u.s. constitutions, which responsibility is held by both the state of ohio and the federal government
    6·1 answer
  • For each of the users of accounting​ information, identify whether the user is an external decision maker​ (E) or an internal de
    11·1 answer
  • This resume format focuses on the task or skills that an applicant can preform :
    11·1 answer
  • Understanding the Resource Allocation Process (RAP) will have large effects on shaping a firm'srealized strategy. Which of the f
    11·1 answer
  • Suzanne, an HR specialist, is assessing training and development needs at
    10·1 answer
  • On December 31, 2020, Wayne, Inc. sold $4,000,000 (face value) of bonds. The bonds are dated December 30, 2020, pay interest ann
    15·1 answer
  • In 2022 the Splish Brothers Inc. had net credit sales of $1020000. On January 1, 2022, the Allowance for Doubtful Accounts had a
    11·1 answer
  • ________________ analyzes how we choose to use our resources on an aggregate (national)level and includes measures of performanc
    7·1 answer
  • When a company has its sales forecasts prepared by management consultants, economists, or college professors, it is using a(n):_
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!