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Damm [24]
3 years ago
5

Dma corporation has bonds on the market with 16.5 years to maturity, a ytm of 7.7 percent, and a current price of $1,065. the bo

nds make semiannual payments and have a par value of $1,000. what must the coupon rate be on these bonds?
Business
1 answer:
bonufazy [111]3 years ago
7 0
With face value equal to $ 1000, present value equal to $ 1,065, we get nper = 16.5 * 2 = 33. Rate(ytm) is equal to 7.7%/2 = 3.85%.PMT (coupon payment)  = $ 42.01.Coupon rate = (42.01 / 1000) = 4.20%.Therefore, the annual coupon rate is equal to 4.2 * 2 which equates to 8.40%
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Nicole owns and operates two restaurants. The revenue of the first restaurant at time t is f(t) dollars, and the revenue of the
kati45 [8]

Answer:

F(t)=f(t)+g(t) represents the TOTAL revenue at time t.

Explanation:

f(t) is the revenue at the time t at the first restaurant.

g(t) is the revenue at the time t at the second restaurant.

If we want to know the TOTAL revenue at the time t, we would sum these quantities:

TOTAL revenue = f(t)+g(t)

So F(t)=f(t)+g(t) represents the TOTAL revenue at time t.

7 0
3 years ago
Assume the current U.S. dollar-yen spot rate is 90 ¥/$. Further, the current nominal 180-day rate of return in Japan is 1% (annu
Citrus2011 [14]

Answer:

Explanation:

Forward excahnge rate/spot exchange rate = (1+rh)/(1+rf)

rh - periodic interest rate in the home currency

rf - periodic interest rate in the foreign currency

Forward/90 = [1+1%*180/360]/[1+2%*180/360]

Forward = 1.005/1.01 * 90 = 89.55

Forward rate is 89.55 yen/$

3 0
3 years ago
Which explains why the price indicated by p2 on the graph is lower than the equilibrium price?
Vsevolod [243]

According to economic principles, as prices fall, quantity demanded goes up.

What is equilibrium price?

The market price at which the amount of goods supplied and the amount of goods sought are equal is referred to as the "equilibrium price."

The demand and supply model's reasoning is straightforward. For instance, when sugar prices are lower, the market's demand is automatically increased.

Excess demand is depicted in the graph. The price is less than the equilibrium price, as shown by p2 on the graph, since as the price decreases, the quantity demanded increases.

As a result, option (a) As prices fall, quantity demanded goes up is correct.

Learn more about on equilibrium price, here:  

brainly.com/question/13458865

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6 0
2 years ago
As distribution manager, hassan is constantly gathering information about shipping rates, improvements in logistics analysis, an
Nastasia [14]

There are different kinds of roles in distribution. Hassan is playing the Monitor role.

<h3>What are the roles of a monitor? </h3>
  • A Monitors is known to be vital in overseeing compliance with an Integrity Pact that has been entered by the parties involved. They help to coordinate communication between the parties and also the public.

Monitors are given the powered to receive reports of any unfair practices and handle them as in the case with Hassan.

Learn more about Monitor role from

brainly.com/question/10794095

7 0
2 years ago
Spending, saving, and investing to have the kind of life you want and financial security can be achieved by
melomori [17]

Answer:

Personal financial planning

Explanation:

If you plan out how you will spend, save, and invest your money, you can get to many places in live.

5 0
3 years ago
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