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Shalnov [3]
3 years ago
14

What is the value of a zero-coupon bond with a yield to maturity of 9 percent, a par value of $1,000, and 10 years to maturity?

(Assume semi-annual compounding)

Business
1 answer:
Y_Kistochka [10]3 years ago
8 0

Answer:

$414.64

Explanation:

For computing the value of zero-coupon bond we need to apply the present value formula i.e to be shown in the attachment

Given that,  

Future value = $1,000

Rate of interest = 9% ÷ 2 = 4.5%

NPER = 10 years × 2 = 20 years  

PMT = $0

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the present value is $414.64

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Answer:

June 15

Dr. Account Receivable $24,000

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At the time of Receipt in July

Dr. Cash                          $24,000

Cr. Account Receivable $24,000

Explanation:

As the Services are performed on June 15, and Great Venture has a right to received the payment against the services provided. So, the revenue is recognized and The payment for the services has not been made yet. This result in the creation of account receivable, That is expected to receive in July.

In July the payment is received. The cash account will be debited as the cash is received and on the other hand account receivable will be credited to remove the due balance of $24,000 from receivables balance.

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3 years ago
According to the AAPC Code of Ethics, which term is NOT listed as an ethical principle of professional conduct?
Tcecarenko [31]

Answer:

The correct answer is letter "E": Efficiency.

Explanation:

The American Academy of Professional Coders (AAPC) is the organization in the U.S. in charge of certifying administrative workers of the healthcare system such as <em>billers, coders, </em>and <em>practice managers</em>. The certifications the AAPC provides are <em>medical coding, medical auditing, physician practice management</em>, just to mention a few.  

Within its code, the AAPC establishes five (5) principles of professional conduct which are <em>integrity, respect, commitment, competence, </em>and <em>fairness</em>. Efficiency is not one of them.

7 0
3 years ago
What does earning potential mean
Elena L [17]
I dont know!!!!!!!!!!!!!!!!!!!!!!!!!!
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3 years ago
Vernon runs Buzz, his own event management company, which frequently organizes large corporate events. He has built a good reput
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Answer:

small business

Explanation:

According to my research on the different types of companies, I can say that based on the information provided within the question Vernon's company can be categorized as a small business. A small business refers to any company that is independently owned and has only a small number of employees and resources in comparison with the industry that it is currently in. Since Vernon business is run from his house and he only has 55 employees, he would be classified as a small business.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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3 years ago
A company must decide the number of machines it should buy to satisfy its demand. The machine will operate 60 minutes per hour,
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Answer:

A

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