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Leni [432]
3 years ago
10

A new municipal bond issue had a dated date of January 1, 2018. The first coupon was due on August 1, 2018. The customer bought

for settlement on September 1, 2018. How many months of accrued interest must he pay at settlement
Business
1 answer:
blsea [12.9K]3 years ago
5 0

Answer:

1 month

Explanation:

The last coupon paid by this bond was made on August 1, 2018, and the transaction is made on September 1, 2018, therefore, only 1 month has passed since the last coupon was paid. Therefore, accrued interests will be charged for only 1 month.

When bonds are sold including accrued interests, they are said to be sold at their dirty price.

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Dennis_Churaev [7]

Answer:

Explanation:

Given weekly demand = 1200 units

Number of weeks per year = 45

Annual demand (D) = weekly demand × number of weeks per year = 1200 × 45 = 54,000 units

Ordering cost(C) = $55

Holding cost (H) = 25% of purchase price = 25% of $3.20 = 0.25*$3.20 = $0.8

EOQ = √(2DC/H)  = √[(2 × 54,000 × 55) / 0.8]  = √(5,940,000/0.8)  = √7,425,000  = 2,725 units

Answer is D - 2,725 units

6 0
3 years ago
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velikii [3]
C. Line

Because the stock prices rise and fall and a line graph best depicts the fluctuation of said prices
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3 years ago
Your company has total wages of $321,000. Your revenue is $976,000. You have just read an industry journal that suggests that wa
VMariaS [17]
The wages are quite a bit higher than industry standard. It's about 33% which is 8% higher.

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3 years ago
If the lowest-paid employee earned $15,000 a year, what would the maximum salary be for the highest-paid manager under the 7-to-
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Under the 7-to-1 rule, the maximum salary that would be paid to the highest-paid manager is $105,000.

Data and Calculations:

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The maximum salary paid to the highest-paid manager = $105,000 ($15,000 x 7).

Thus, the maximum salary paid to the highest-paid manager under the company's 7-to-1 rule is $105,000.

Learn more: brainly.com/question/3854368

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