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
marissa [1.9K]
3 years ago
13

Sadik Inc.'s bonds currently sell for $1,180 and have a par value of $1,000. They pay a $105 annual coupon and have a 15-year ma

turity, but they can be called in 5 years at $1,100. What is their yield to call (YTC)?

Business
1 answer:
mr Goodwill [35]3 years ago
7 0

Answer:

7.74%

Explanation:

In this question, we use the Rate formula which is shown in the spreadsheet.  

The NPER represents the time period.  

Given that,  

Present value = $1,180

Assuming figure - Future value or Face value = $1,100  

PMT = $105

NPER = 5 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this, the answer would be 7.74%

You might be interested in
A company making tires for bikes is concerned about the exact width of its cyclocross tires. The company has a lower specificati
ANEK [815]

Answer:

the process capability index for the process is 0.4761

Explanation:

The computation of the process capability index for the process is shown below:

= minimum of [(23.3-23.1) ÷ (3 × 0.14),(23.1 - 22.8) ÷ (3 × 0.14)]

= minimum of (0.4761, 0.7142)

= 0.4761

Hence, the process capability index for the process is 0.4761

The same should be considered and relevant  

4 0
2 years ago
The balance sheet items of Kiner company as of December 31, current year, follow in random order
liberstina [14]
Retained Earnings = $86,000

Accounting Equation…Assets= Liabilities + Owners Equity

Assets (Cash, acct rec, equipment, building, land) = $421,000

Liabilities (Notes payable, accounts payable)= $260,000

Equity (capital stock) = $75,000

Liabilities + Equity= $335,000

Retained Earnings flows into equity

$421,000-$335,000= $86,000

$335,000+86,000= $421,000

So the equation balances.
6 0
3 years ago
Which sentence describes market conditions at the equilibrium, or market clearing, price? A Supply is greater than demand. B Dem
eduard

<span>D There is no supply or demand.</span>
4 0
3 years ago
Managers are a critical part of any successful organization because​ ________.
Dmitriy789 [7]

Managers are a critical part of any successful organization because<u> "they use their skills and knowledge to move the organization forward towards established goals".</u>


Managers impact every one of the periods of present day associations. Sales Managers keep up a business constrain that business sectors merchandise. Staff Managers give associations an able and gainful workforce. Plant Managers run fabricating activities that create the garments we wear, the nourishment we eat, and the vehicles we drive.  

Basically, the part of managers is to direct the associations toward objective achievement. All associations exist for specific purposes or goals,and managers are in charge of joining and utilizing hierarchical assets to guarantee that their associations accomplish their motivations.

6 0
3 years ago
Alexandra has determined that studying an hour for her economics quiz will improve her grade on the quiz from 75 to 100. She als
Darina [25.2K]

Answer:

study when the hourly rate is below or equal to $20

Explanation:

Cosidering the economic principles of opportnity cost Alexandra will only study that extra time if the loss wages are less or equal to $20 dollars

as a higher hourly  rate will make the $20 dollar she consider the change in grade worth it to leave a net loss after considering the implicit cost of the test

5 0
3 years ago
Other questions:
  • At allen and thomas architects, a group of designers are developing the first drawings for a proposed multiuse office developmen
    13·1 answer
  • Which of the following statements is more closely related to independence in fact, rather than independence in appearance? Multi
    5·1 answer
  • How does supply and demand inform the choices of consumers and business owners?
    10·1 answer
  • Sam and Janet each have a whole number of dollars, and 13$ of Sam's money equals 2$ of Janet's money. Together, they have more t
    5·1 answer
  • Which detail on a note card will best help you quickly recognize what the information on the note card is about?
    5·1 answer
  • Greg n. mankiw principles of macroeconomics 5th:
    8·1 answer
  • Public relations is best considered a __________ function
    15·1 answer
  • If a short-run equilibrium occurs at a level of output above the natural rate, then in the transition to the long run prices wil
    12·1 answer
  • Which of the following statements about employment-at- will is true? ​
    8·1 answer
  • Who wants free coins!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!