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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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Answer:

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Explanation:

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3 0
2 years ago
Roberto firmly believes that economic and social equality can only be attained through a system of economics where the governmen
zzz [600]

Answer:

The correct option is B

Explanation:

As Roberto believes that social as well as economic equality could be obtained via a economics system. But he did not believe that he is a communist which means a political theory so he is actually a socialist, being a socialist where violent and any kind of control is not be considered.

Therefore, he is socialist so does not believe that any resolution which is violent needed to seize the control on the resources.

3 0
3 years ago
Johanna, an Austrian citizen, is graduating from a U.S. medical school. She knows she will have to pay a much higher percentage
Ierofanga [76]

Answer:

C,<em> Brain drain</em>

<em></em>

Explanation:

<em>What is brain drain?</em> Brain drain according to Wikipedia is a problem described as the process in which a country loses its most educated and talented workers to other countries through migration. Negative effects include loss of tax revenues by the home country, and a loss of key health and education service professionals. <em>A brain drain can result from turmoil within a nation, the existence of favorable professional opportunities in other countries, or from a desire to seek a higher standard of living.  </em>Johanna's brain drain came as a result of more favorable conditions in the U.S.

6 0
3 years ago
According to your text, the best means of using direct foreign investment to attract new sources of demand is probably to
Serhud [2]

Answer:

c. establish a subsidiary or acquire a competitor in a new market.

Explanation:

A foreign direct investment can be referred to as investment made by a firm in one country into business interests located in another country. Foreign direct investments can be made through the establishing a subsidiary or associate company in a foreign country, acquiring a controlling interest in an existing foreign company, or a merger or joint venture with a foreign company.

Option C is therefore correct as establishing a subsidiary or acquire a competitor in a new market to attract new sources of demand is a means of foreign direct investment.

3 0
3 years ago
Significant data shows that bad physicians are the ones who get sued hcr
MissTica
<span>This is, in fact, false. There is not significant data that shows that bad physicians are the ones who get sued, there is, in fact, data that can support just the opposite claim. It is also important to note that Americans file well over 17,000 medical malpractice lawsuits each year</span>
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3 years ago
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