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
IrinaVladis [17]
3 years ago
8

A 25-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 8%. a. Find the bond equivale

nt and effective annual yield to maturity of the bond if the bond price is $960.

Business
1 answer:
Gnom [1K]3 years ago
3 0

Answer:

The bond equivalent YTM = 8.36%

Effective annual YTM = 8.53%

Explanation:

The following image states the explanation:

You might be interested in
When qualifying a buyer using the Fannie Mae guidelines, what is the ratio allowed for the amount of money for housing expense c
vfiekz [6]

Answer:

28%

Explanation:

Most mortgage lenders, including Fannie Mae, use the 28/36 rule. That rule states that a family should spend no more than 28% of the gross monthly income (GMI) on housing expenses, and pay no more than 36% of GMI to cover debts (mortgage payments are included in this 36%).

Statistics show that households that do not comply with the 28/36 rule, tend to have difficulty paying back loans.

8 0
3 years ago
What are the three main categories of a tax return?
SSSSS [86.1K]

Answer:C.

Explanation:

3 0
3 years ago
Read 2 more answers
When it comes to saving money, what is a good rule of thumb? AKeep most of your savings in your checking account BPut aside mone
9966 [12]
<span>When it comes to saving money, what is a good rule of thumb?

</span>B.Put aside money for savings each month 
                                                                             Good luck! :)
5 0
3 years ago
Read 2 more answers
Rad, a manufacturer of luxury watches, charges a higher price for its products than its competitors. Despite the high prices, th
rodikova [14]

Answer:

More-for-more

Explanation:

A value proposition refers to the value a company promises to deliver to customers if they decide to purchase their product. A value proposition is also a declaration of intent or a statement that introduces a company's brand to consumers by informing the customers what the company stands for, how it is being operated, and why it deserves their patronage.

8 0
3 years ago
What is <br> Variable cause
podryga [215]

Answer:

The idea is that one variable is the effect of another variable or, to say it another way, that one variable precedes and/or causes another. The dependent variable is the variable to be explained (the 'effect”). The independent variable is the variable expected to account for (the “cause” of) the dependent variable.

I hope you helped^_^

<h3>Follow me for more answer</h3>
7 0
3 years ago
Read 2 more answers
Other questions:
  • When checking your vehicle during the inspection which of these statements is true
    14·1 answer
  • Which of the following people would be considered unemployed by the Bureau of Labor Statistics? I. Mrs. X retires from her job a
    6·1 answer
  • According to the california insurance code, what is the maximum penalty per violation for anyone who unwillfully commits an unfa
    11·1 answer
  • Kim Jordan says that she believes that "to whom much is given, much is expected." This statement speaks of her personal convicti
    6·1 answer
  • What is the purpise of a Appraisal Form?​
    5·1 answer
  • A new drug has not been approved by the FDA to sell in the U.S. because further testing is needed. The company has a chance to s
    15·1 answer
  • Yeloe Corporation sells 400 shares of common stock being held as an investment. The shares were acquired six months ago at a cos
    11·1 answer
  • Royal Caribbean Cruise Lines contracts with ______ to manage the large movement of food, beverages, raw ingredients, and supplie
    11·1 answer
  • Using the Chipotle example we have discussed in class imagine that all employees are paid $15/hour, the grill costs $300, and ea
    7·1 answer
  • Wild Swings Inc.’s stock has a beta of 2.5. If the risk-free rate is 6% and the market risk premium is 7%, what is an estimate o
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!