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Scilla [17]
3 years ago
6

Galt Industries has just issued a callable, $1000 par value, five-year, 6% coupon bond with semiannual coupon payments. The bond

can be called at par in three years or anytime thereafter on a coupon payment date. If the bond is currently trading for $978.94, then its yield to maturity is closest to:

Business
1 answer:
sattari [20]3 years ago
4 0

Answer:

6.50%

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 = $978.94

Face value = $1,000  

PMT = 1,000 × 6% ÷ 2 = $30

NPER = 5 years × 2 = 10 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 6.50%

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Transformational leaders use four key kinds of behaviors that affect followers. paul vallas exhibits _________ as he explains hi
Ghella [55]
 Paul Vallas exhibits inspirational motivation  as he explains his "vision of the future" in this opening segment.To make his strategic vision a reality, Paul Vallas is seeking teachers who are committed to the vision. This follows from the fact that f<span>or transformational change to occur, followers must be committed to the leader's strategic vision of the future.</span>
3 0
3 years ago
Capital accumulation is the​ _____, including​ _____ capital. (A) development of new​ goods; financial (B) increase in​ firms' p
melamori03 [73]

Answer:

Option "B" and "D" are correct answer

  • Increase in firm's profit; financial
  • growth of capital resources; human

Explanation:

  • Capital accumulation relates to an investment or profit increase in assets and is one of the building blocks of a capitalist economy.
  • The goal is to increase the value of an initial cost, whether it is through appreciation, lease, investment income, or interest, as a return on investment.
  • Profit margin tests a firm's productivity by measuring its net income by overall sales. Organizations may grow their net profit margin by increasing profits, e.g. by providing additional goods or by raising prices.

4 0
4 years ago
Company X is planning to implement rule based access control mechanism for controlling access to its information assets, what ty
ozzi

Answer:

Discretionary Access Control

Explanation:

Discretionary Access Control -  it is a type of restriction or permission of the object that is initiated by the owner of the object. it is Discretionary because the user can transfer object classified information to other users.

it grants and permits full access of object that is created by the user and it may allow or restrict sharing of data which object made to others.

4 0
4 years ago
Pete's Market is a small local grocery store with only one checkout counter. Assume that shoppers arrive at the checkout lane ac
levacccp [35]

Answer:

How did Carter plan to achieve his goals regarding the hostages?

Check all of the boxes that apply.

Convince Iran that the real danger was the Soviet Union, not the United States.

Team up with Iraq to invade Iran.

Get help from other countries to express disapproval of Iran’s actions.

Send many troops in to free the hostages at any cost.

Explanation:

How did Carter plan to achieve his goals regarding the hostages?

Check all of the boxes that apply.

Convince Iran that the real danger was the Soviet Union, not the United States.

Team up with Iraq to invade Iran.

Get help from other countries to express disapproval of Iran’s actions.

Send many troops in to free the hostages at any cost.

5 0
3 years ago
An accounting firm agrees to purchase a computer for $190,000 (cash on delivery) and the delivery date is in 270 days. How much
aleksklad [387]

Answer:

$188,947

Explanation:

Data provided in the question:

Future value = $190,000

Time, t = 270 days = \text{ 270 days } =\frac{ 270 }{365} = 0.73973 years

Interest rate = 0.75% = 0.0075

Compounded quarterly i.e number of periods n = 4

Now,

Future value = Amount invested × ( 1 + \frac{r}{n} \right)^{\Large{n \cdot t}} $$

or

$190,000 = Amount invested × ( 1 + \frac{0.0075}{4} \right)^{\Large{4\times0.73973 }} $$

or

$190,000 = Amount invested × { 1.00188 } ^ { 2.95892 }

or

Amount invested = $188,947

4 0
3 years ago
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