Ask question

Ask question

All categories

bagirrra123 [75]

3 years ago

14

You buy a bond for $980 that has a coupon rate of 8% and a 10-year maturity. a year later, the bond price is $1,200. (assume a f

ace value of $1,000 and annual coupon payments.)
a. what is the new yield to maturity on the bond?

1 answer:

adelina 88 [10]3 years ago

8 0

What's the mass of the sun

You might be interested in

Using the following accounts and a predetermined overhead rate of 50% of direct labor cost, determine the amount of applied over

sveta [45]

Answer:

The amount of applied overhead is $41,500

Explanation:

Given,

Beginning WIP -$ 23,000

Direct materials - $69,000

Ending WIP - $ 47,220

Beginning FG - $6,400

Ending FG - $169,280

By using the above information, it is easy to calculate the direct labor. Through which , the computation of applied overhead become easy.

The formula for computing direct labor is as follows:

1.50 × Direct labor + Beginning WIP + Direct materials = Ending WIP + Ending FG

1.50 × Direct labor + $ 23,000 +$69,000 = $ 47,220 + $169,280

1.50 × Direct labor + $ 92,000 = $ 216,500

1.50 × Direct labor = $ 216,500 - $ 92,000

1.50 × Direct labor = $124,500

Direct labor = $124,500 ÷ 1.50

Direct labor = $83,000

Thus, the direct labor is $83,000

The predetermined overhead rate of 50% of direct labor cost.

So,

Predetermined overhead rate = $83,000 × 50%

= $41,500

Thus, the amount of applied overhead is $41,500.

Note : Since ,the predetermined overhead rate of 50% of direct labor cost so we assume ( 1+0.50) 1.50 of direct labor because it is easy to calculate the predetermined overhead rate.

4 0

3 years ago

Which of the following would be considered the highest risk portfolio? A

solniwko [45]

Well,<span>A portfolio made up of 60% stocks, 30% mutual funds, and 10% Treasury bonds</span>

5 0

3 years ago

Read 2 more answers

Theo currently owns 700 shares of JKL, which is an all-equity firm with 320,000 shares of stock outstanding at a market price of

valentina_108 [34]

Answer:

correct option is c. 43.75

Explanation:

given data

share own = 700

stock outstanding = 320000

market price = $25

interest and taxes = $160,000

debt = $500,000

interest = 7%

loan = 7.5 percent interest

to find out

How many shares of JKL stock must Theo sell to unlever

solution

first we get here no of share that repurchased is express as

no of share = $\frac{debt}{market\ price}$ ..............1

no of share = $\frac{500000}{25}$

no of share = 20,000 shares

sell = share own × ( no of share ÷ stock outstanding ) .................2

sell = 700 × $\frac{20000}{320000}$

sell = 43.75 shares

so correct option is c. 43.75

6 0

3 years ago

Used properly, personality tests serve two purposes in the work place. Which of the following is one of those purposes? Personal

Stells [14]

Answer:

Personality tests help screen applicants for jobs by indicating areas of adequacy and inadequacy

Explanation:

The question says, "used properly" which means that the answer cannot be C or D because that would be taking advantage of the possible employee. The answer also cannot be B because a personality test is in no way reliable as a drug test.

6 0

3 years ago

You are introducing an overseas employee who speaks limited English to in-office personnel—what would you say?

ICE Princess25 [194]

Answer with its Explanation:

I would talk about his skills which our company values most and address his key skills which also includes "why one must have those skills?". Then I will encourage other workers to learn those skills from him and I will also encourage the overseas employee to teach them. By doing so, Mr. A (Overseas Employee) will have new friends and a strong hold on English language as well. This is how we can develop professional attitude at the work place and learn something that will benefit in the long term, both to the company and in the future career.

4 0

3 years ago