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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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Leadership is not needed when:

  • It will make processes inefficient due to time wasting
  • It is being used to oppress people
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Leadership is usually quite good as it can galvanize subordinates to be better workers due to better organization as well as inspiration.

There are instances where it is not needed however such as when:

  • It slows down processes - sometimes leaders will need to give permission for a subordinate to do something. If this thing is time conscious and the leader is not available to give their ascent, the whole process could suffer.

  • It oppresses people - when a leader is an oppressive one and acts in such a way that their subordinates suffer, that leadership is not needed.

  • Subordinates are fine without it - sometimes workers have the necessary skills and experience to operate independently without a leader. In such a case, a leader is not needed.

In conclusion, while a leader is quite important in many ways, there can be situations where it is best that they are not used.

<em>Find out more at brainly.com/question/24150490.</em>

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Match the descriptors with the leadership theory it best represents.
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Utilization of the system = 0.708333*100

Utilization of the system = 70.83%

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Hopefully this helps!

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