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aleksley [76]
3 years ago
6

McCurdy Co.'s Class Q bonds have a 12-year maturity, $1,000 par value, and a 5.75% coupon paid semiannually (2.875% each 6 month

s), and those bonds sell at their par value. McCurdy's Class P bonds have the same risk, maturity, and par value, but the P bonds pay a 5.75% annual coupon. Neither bond is callable. At what price should the annual payment bond sell
Business
1 answer:
dem82 [27]3 years ago
6 0

Answer:

$993.08

Explanation:

the market interest is 2.875% semiannual, that is why Q bonds are sold at par. To determine the value of P bonds we must add the present value of the face value and the coupon payments:

the effective interest rate = (1 + 5.75%/2)² - 1 = 5.83%

PV of face value = $1,000 / (1 + 5.83%)¹² = $1,000 / 1.974405523 = $506.48

PV of coupon payments = $57.50 x 8.46254 (PV annuity factor, 5.83%, 112 periods) = $486.60

market price = $993.08

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Consumers' affinity for sports brands may be immune to threats other brands face, such as competition for attention and switchin
mihalych1998 [28]

Answer:

True

Explanation:

Consumers mainly sports persons natural liking for their favourite sports brand exists. Sports persons like to buy and wear their favourite brand of shoes, clothed and apparels.

                   These brands remained immune to threats from other the rival brands because they remain the favourite of the respective sports persons. In other words they remain safe.

                  The sport person like to wear these brands and perform in the competition. But when the performance does not meet the sports person's expectations, they try to switch brands and go for some other brands.

Thus the answer is True.

7 0
4 years ago
To ensure that mentions of a company in the news are received in a positive light, many firms think a prudent public relations s
julia-pushkina [17]

To ensure that mentions of a company in the news are received in a positive light, many firms think a prudent public relations strategy is to seek ___fewer___ hits.

<h3><u>What is PR strategy?</u></h3>

A PR strategy is utilized to assist your company in planning out its public relations (or media relations) initiatives and selecting the most effective channels for reaching out to its target market. The creation and implementation of a PR strategy can help brands not only attract media attention to their goods or services but also organize the numerous stories that appeal to their various target audiences. The management of a company's public image can be aided by an effective plan.

PR, commonly referred to as "earned media," can be used to boost website traffic, interact and connect with target audiences, forge relationships with the community, and promote brands in a more dependable and organic way. To increase brand recognition and attract more potential clients or customers, it's critical to leverage media outlets in this manner.

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7 0
2 years ago
In a judicial foreclosure, how long does the borrower’s redemption period last if a deficiency judgment isn’t being sought?
aniked [119]

There is no redemption period if the lender is not pursuing a deficiency judgment.

A judicial foreclosure permits the lender to get a deficiency judgment against the borrower. However, the homeowner has the “proper of redemption,” which lets him or her shop for the home returned from the hit bidder on the auction for 12 months after the sale.

In a judicial foreclosures state, the lender has to report a lawsuit in a courtroom in an effort to foreclose. In a nonjudicial foreclosure nation, the lender can foreclose without going through the court docket system. either way, the very last step within the foreclosure process is a foreclosure sale.

Redemption is a period after your home has already been sold at a foreclosure sale when you may nonetheless reclaim your private home. You may want to pay the high-quality mortgage stability and all fees incurred during the foreclosures system.

Learn more about foreclosures here brainly.com/question/15182362

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6 0
2 years ago
On October 1, Gala Corporation has 300 units of Product XYZ on hand. The company plans to sell 1,200 units of Product XYZ during
Troyanec [42]

Answer:

Units of Product XYZ must be produced during October are A) 1,400

Explanation:

Units of Product XYZ must be produced during October = Units of Product XYZ are sold during October + units of Product XYZ on hand October 31 - units of Product XYZ on hand October 1.

Gala Corporation has 300 units of Product XYZ on hand on October 1 and  500 units on hand October 31.

The company plans to sell 1,200 units of Product XYZ during October.

Units of Product XYZ must be produced during October = 1,200 + 500 - 300 = 1,400 units.

5 0
3 years ago
Something of value that is used to back up a loan is known as what?
lozanna [386]
 B. collateral is the right answer

7 0
3 years ago
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