Which of the following would be an example of international business?

A 22-year, semiannual coupon bond sells for $1,066.57. The bond has a par value of $1,000 and a yield to maturity of 6.78 percen

Mariulka [41]

Answer:

The answer is 7.37%

Explanation:

Solution

Given that

Bond per value = future value =$1000

The current price = $1,066.57

Time = 22 years * 2

=44 semi-annual periods

The year of maturity = 6.78%/2 = 3.39%

Thus

The coupon rate is computed by first calculating the amount of coupon payment.

So

By using a financial calculator, the coupon payment is calculated below:

FV= 1,000

PV= -1,066.57

n= 44

I/Y= 3.39

Now we press the PMT and CPT keys (function) to compute the payment (coupon)

What was obtained is 36.83 (value)

Thus

The annual coupon rate is: given as:

= $36.83*2/ $1,000

= $73.66/ $1,000

= 0.0737*1,00

=7.366% or 7.37%

Therefore 7.37% is the bond's coupon rate.

3 0

4 years ago

Imagine you get to class early. Eventually, other students arrive, and one student sits down next to you and offers you one of h

hammer [34]

A) the reciprocity norm.
I hope this helps

8 0

3 years ago

Robert Company is considering buying an input to its main product from an outside supplier, rather than producing the input itse

Inessa05 [86]

When considering this decision, Robert Co. managers should: Include the $22,000 as cost of making the input.

<h3>Buying or producing an input</h3>

Based on the given scenario the company should include the amount of $22,000 the as cost of making the input.

Including the $22,000 as both the cost price of producing or making the input as well as the benefit the company will derived assuming the company purchase the input from an outsider supplier is the best decision that Robert Co. managers should do.

Inconclusion when considering this decision, Robert Co. managers should: Include the $22,000 as cost of making the input.

Learn more about buying or producing an input here:brainly.com/question/3964664

8 0

2 years ago

During the current year, Reed Consulting Group acquired long-term available-for-sale securities at a $70,000 cost. At its Decemb

kipiarov [429]

Answer:

Account Debit Credit

Unrealized loss (Equity) $12,000

Fair Value adjustment (Avaliable $12,000

for sale)

Explanation:

Given Data:

Long-term available-for-sale securities=$70,000

December 31, Securities fair values=$58,000

Required:

The necessary year-end adjusting entry related to these securities.

Solution:

Unrealized Loss occurred=$70,000-$58,000

unrealized Loss occurred=$12,000

Adjusting entry:

Account Debit Credit

Unrealized loss (Equity) $12,000

Fair Value adjustment (Avaliable $12,000

for sale)

3 0

4 years ago

In a closed economy, the values for gdp, consumption spending, investment spending, transfer payments, and taxes are as fo

BartSMP [9]

Answer:

Private saving = $2 trillion

Public saving = $1 trillion

Explanation:

Private saving = GDP - Taxes + Transfer payments - Consumption spending

= Y - T + TR - C

= $11 - $2 + $1 - $8

= $2 trillion

Public saving = Taxes - Government spending - Transfer payments

= T - G - TR

= $2 - $0 - $1

= $1 trillion

Therefore;

Private saving = $2 trillion, Public saving = $1 trillion

3 0

3 years ago