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Nastasia [14]
3 years ago
7

Excey Corp. has 8 percent coupon bonds making annual payments with a YTM of 7.2 percent. The current yield on these bonds is 7.5

5 percent. How many years do these bonds have left until they mature?

Business
1 answer:
xeze [42]3 years ago
7 0

Answer:

11.057 years

Explanation:

For computing the number of years we need to apply the NPER formula i.e to be represented in the attachment below:

Given that,  

Present value = $1,000 × 8% ÷ 7.55% = $1,059.60

Assuming Future value = $1,000

Rate of interest = 7.2%

PMT = $1,000 × 8% = $80

The formula is shown below:

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

The present value come in negative

So, after applying the above formula, the number of years is 11.057 years

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Light emitting diodes (LED) light bulbs have become required in recent years, but do they make financial sense? Suppose a typica
tangare [24]

Answer:

Annual wattage cost of 60 watts is $3.729

Annual LED cost of 60 watts is $0.185

total annual cost = $3.914

Annual wattage cost of 15 watts is $0.935

Annual LED cost of 15 watts is $0.125

total annual cost = $1.06

l

Explanation:

For the cost of LED and durability

it is require to use a light fixture 500 hours per year

60-watt incandescent light bulb costs $.37 and lasts 1,000 hours. that mean, its last for 2years before buying a new one.

And for a 15-watt LED,  costs $3.00 and lasts for 12,000 hours, thats means it will last for 24 years before purchase of another.

assuming, will are using the 60watts for 24years, a cost of  $.37*12times = $4.44 will be use for buying.

therefore, a 15 watts LED is more cheaper.

For the current charges of LED

for 60watts

if A kilowatt-hour of electricity costs $.113 =

1000 watts = 1hour = $0.113

60 watts  = 1hour  = (60*0.133/1000) = $0.0068

it is said that, the consumption is for 500 hour per year.

therefore, 60watts used per year = 500*0.0068 = $3.39

return of 10% =0.339.

total cost of watts for 500hr for a year = 3.39+0.339 = $3.729

Annual wattage cost of 60 watts is $3.729

Annual LED cost of 60 watts ($0.37/2year) is $0.185

total annual cost = $3.914

for 15 watts

if A kilowatt-hour of electricity costs $.113 =

1000 watts = 1hour = $0.113

15 watts  = 1hour  = (15*0.133/1000) = $0.0017

it is said that, the consumption is for 500 hour per year.

therefore, 15 watts used per year = 500*0.0017 = $0.85

return of 10% =0.085.

total cost of watts for 500hr for a year = 0.85+0.085 = $0.935

Annual wattage cost of 15 watts is $0.935

Annual LED cost of 15 watts ($3/24 years) is $0.125

total annual cost = $1.06

6 0
3 years ago
What refers to the practices aimed at discovering and harnessing an organizations intellectual resources?
Alla [95]

Answer: Knowledge management

Explanation: Knowledge management approach focuses on making best use of the knowledge with the intent of achieving organisational objectives. It involves discovering, sharing and harnessing of the intellectual resources that a company holds.

Knowledge management brings improved performance, innovation and competitive advantage to the organisation.

4 0
3 years ago
A company that manufactures and sells kitchen scrubbing sponges has significantly lower cost structures than its competition. Th
chubhunter [2.5K]

Answer:

The correct answer is “Pricing below competitors”.

Explanation:

It is given that the organization is operating with a lower cost structure as compared to its competitor and it is also enjoying the economies of scale. Since lower cost structure makes the organization capable to keep the price of its product lower as compared to its competitor. Moreover, the lower price of a commodity will attract new customers. Consequently, its sales volume will increase.

5 0
3 years ago
Respond by (1) Identifying the type of syllogism below (Categorical, Disjunctive, Conditional) and (2) explain, in your own word
Darya [45]

The syllogism used is conditional, that is, it occurs through deductive reasoning, because if the minor premise is true, the minor premise will also be true.

<h3 /><h3>What is Conditional syllogism?</h3>

It is a type of syllogism widely used in everyday life, but the conclusion is not always true, because despite having two true premises, the conclusion can be false, because the argumentation is not always valid, as it does not directly represent the premises.

Therefore, despite being syllogisms that follow the pattern of "If" and "then" to express a logic, the conclusion will not always be true, as this type of syllogism can also be hypothetical.

Find out more about syllogism here:

brainly.com/question/361872

7 0
2 years ago
Required Record the following transactions in general journal entry form. Record the event num-ber in the date column. 1. Issued
Anika [276]

Answer:

1.    Cash          $5000 Dr

            Common Stock (at par)         $5000 Cr

2.    Cash          $4000 Dr

            Loan Payable         $4000 Cr

3.    Supplies        $500 Dr

            Account Payables        $500 Cr

4.    Account Receivables        $8000 Dr

            Service Revenue                   $8000 Cr

5.    Salaries Expense           $3900 Dr

            Cash                                   $3900 Cr

6.    Prepaid Rent               $2400 Dr

             Cash                           $2400 Cr

7.    Office Furniture         $3500 Dr

              Account Payable      $3500 Cr

8.   Cash          $1800 Dr

             Unearned Service Revenue      $1800 Cr

9.   Cash          $3000 Dr

            Account Receivables       $3000 Cr

10.  Utilities Expense      $1200 Dr

              Cash                       $1200 Cr  

11.  Dividends            $1000 Dr

              Cash                  $1000 Cr

12.  Certificate of Deposit Receivable       $2000 Dr

              Cash                                                       $2000 Cr

13.  Loan Payable             $1600 Dr

              Cash                          $1600 Cr

14.   Land       $2700 Dr

              Cash        $2700 Cr      

15.  Interest Expense    $400 Dr

             Interest Payable     $400 Cr

16.  Unearned Service Revenue    $1800 Dr

            Service Revenue                     $1800 Cr

17.  Supplies Expense       $400 Dr

            Supplies                      $400 Cr

18.  Salaries Expense       $2300 Dr

             Salaries Payable        $2300 Cr

19.  Interest Receivable       $150 Dr

              Interest Revenue          $150 Cr

Explanation:

7 0
3 years ago
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