Answer:YTM = [Interest + (face value -price) / years to maturity ] / [(face value +price)/2] = [90 + (1000 - 1130.35 )/ 18 ] /[(1000 + 1130.35)/2] = [90 + (-130.35 / 18) ] /[2130.35/2] = [90 - 7.242 ] / 1065.175 = 82.758 / 1065.175 = .0777 or 7.77% YTC = [90 + (1060 - 1130.35 )/ 8] /[(1060+1130.35)/2] = [90 +...
Explanation:The best estimate for the remaining term is 18 years (because the company would not call the bonds).
The coupon rate to issue a bond at par is 8.88% (the current yield to maturity).
Answer:
$140 million
Explanation:
Given that,
Ending Retained Earnings = $1,140 million
Beginning Retained Earnings = $1,200 million
Net Income = $80 million
Ending Retained Earnings = Beginning Retained Earnings + Net Income - Dividends
$1,140 million = $1,200 million + $80 million - Dividends
Dividends = $1,200 million + $80 million - $1,140 million
= $140 million
Therefore, the dividend of $140 million were paid to shareholders during the year.
Answer:
direct labor
Explanation:
Conversion cost is an addition of direct labor and overhead expenses that occurs during the transformation of raw materials into finished products.
Examples of conversion costs are :
Direct labor
Rent
Depreciation
I hope my answer helps you.
Answer:
key terms in purest from a market economy answers the three economic questions by allocating resources and goods through markets where prices are generated. In its purest form, a command economy answers the three economic questions by making allocation decisions centrally by the government.