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Bas_tet [7]
3 years ago
11

Mark Crane purchased a $1,000 corporate bond five years ago for $1,055. The bond paid 7.0 percent annual interest. Five years la

ter, he sold the bond for $980. Calculate the total return for Mr. Crane’s bond investment. (Do not round intermediate calculations.)
Business
1 answer:
lys-0071 [83]3 years ago
6 0

Answer:

Mr Crane's total return on the bond investment was 5.35%

Explanation:

The return on a bond is also known as it yield to maturity (YTM). In order to find a bonds YTM we need to know its present value, future value, coupon payments and number of years. In this case the bond's present value is 1,055 because it was bought at this price, it's future value is 980 because it was sold for 980, its number of years was 5 as it was held for 5 years and its coupon payment was  (0.07*1000)=70. Now in order to compute return or ytm we need to put all these values in a financial calculator and compute I

PV= -1055

FV= 980

PMT= 70

N=5

Compute I=5.35

The return on the bond investment was 5.35%

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Frank lives in an area that experiences frequent thunderstorms. What precautionary measures should he adopt?
Alisiya [41]

Answer:

There are different precautionary measures Frank can adopt. They are:

Explanation:

1. Frank should have outdoor furniture made of concrete instead of metal.

A strike of thunder on a metal surface will propel an electric shock.

2. Frank should pay good or regular attention to the weather forecasts.

He should have a handy device such as a small radio, which will keep him abreast of important happenings in the area.

3. Frank should take cover once a stroke of lightning appears in the sky.

The field of Physics lets us to know that light travels faster than sound and that the moment lightning appears in the sky, expect thunder roaring about 8 seconds after.

4. Frank should get used to or always wear covered shoes, to protect him from the electric charge that is created between a thunderstorm and a wet ground. Gloves could also do, for the hands.

5. Frank should structure his movements and road trips such that he accounts for some time that'll be used to wait for thunderstorms to pass; since it's unsafe to drive while the storms are roaring.

This will help him be on time to events and meetings.

6. Frank should avoid leaning on walls which have metal wires or bars across them, especially when lightning appears.

7. Frank should avoid anything wet, during a thunderstorm. This precaution should be taken even while indoors.

8. In the event that frank gets caught outdoors or in the open when a thunderstorm occurs, he should stoop and let only his feet have contact with the ground.

3 0
2 years ago
Definition of economic costs manuel lives in san diego and runs a business that sells guitars. in an average year, he re
Mice21 [21]
What was the question?
8 0
3 years ago
Use the following data to determine the total dollar amount of assets to be
gavmur [86]

Answer:

=$350,000

Explanation:

Property, plant, and equipment are the tangible long-term fixed assets of a company. The total of PPE is the sum of all fixed long term assets minus accumulated depreciation.

There are fixed assets hence will appear on the asset side of the balance sheet. For Koonce Office Supplies, PPE will include

Land : $180,000

Buildings: $210,000

Total = $180,000 + $210,000

Total = $390,000

less accumulated depreciation

=$390,000 -$40,000

=$350,000

4 0
3 years ago
Jeremy runs a U.S.-based company. Recently, some of his customers with global operations have placed additional orders that requ
Soloha48 [4]

Jeremy is experiencing companies with foreign marketing.

What is Foreign marketing?

  • An international marketer is a marketing expert who is in charge of global commercial strategies.
  • They create and implement business and marketing strategies to promote the services and products of their clients or organizations in diverse worldwide markets.
  • The first step in international marketing is identifying the suitable market in which the exporter can sell his goods financially because each market is different and no one person can sell his product in every market around the globe.
<h3>Solution -</h3>

In the given situation Jeremy has developed local distribution and service reps in three foreign markets doing social marketing.

Therefore, Jeremy is experiencing companies with foreign marketing.

Know more about marketing here:

brainly.com/question/25754149

#SPJ4

7 0
1 year ago
Which of the following is an asset use transaction?
attashe74 [19]

Answer:

a. Purchased machine for cash

Explanation:

Purchase of machinery is an asset use transaction is reduce the cash as an asset to purchase a machine. All the other options do not use/ reduce any asset in the transactions.  The investment is the interest earning account is actually considered as cash equivalent, so it does not use the asset. So, option a is appropriate answer.

7 0
2 years ago
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