Answer:
a. Price of Bond is $1,333.33
b. Less
Explanation:
a.
Current yield is the ratio of coupon payment to the market value of the bond. It is the rate of income received from bond at current market rate.
As given
Coupon Payment = $1,000 x 8% = $80
Current Yield formula is as follow
Current Yield = Coupon Payment / Market Value
6% = $80 / Market Value
Market Value = $80 / 6%
Market Value = $1,333.33
b.
As we know that
if Price > Face value then YTM < Coupon rate
if Price < Face value then YTM > Coupon rate
if Price = Face value then YTM = Coupon rate
According to given condition
$1,333.33 > $1,000 then YTM < 8%
The bond’s yield to maturity is less than 8%.
Answer:
D) mixed costs should be separated into their variable and fixed components
Explanation:
A mixed cost is a cost that contains both a fixed cost component and a variable cost component. It is important to understand the mix of these elements of a cost, so that one can predict how costs will change with different levels of activity. Typically, a portion of a mixed cost may be present in the absence of all activity, in addition to which the cost may also increase as activity levels increase. As the level of usage of a mixed cost item increases, the fixed component of the cost will not change, while the variable cost component will increase. The formula for this relationship is
Answer:
A) Expanded the FTC's authority to regulate advertising.
Explanation:
Answer: The ability to see risks that are not predicted and accessing funds from financial institutions
Explanation:
Here are some of the benefits of well-prepared risk management policy statement;
1) The ability to see risks that are not expected; a team of experts would be engaged to identify and give an overview of all forms of risk that could be possibly involved.
2) The organization attracts credit easily; Organisations attract credit from financial institutions when they are able to provide assessments that they carried out regarding risks. This gives the client's confidence that they can entrust their finance to the organization due to the firm have considered all forms of pending failures and that which would occur.
The true statement that we can see about the non exempt employees is that nonexempt employees are covered by flsa and include most hourly workers.
<h3>What is meant by non exempt employees?</h3>
Employees who are not excluded from pay have a right to the minimum wage and overtime compensation if they put in more than 40 hours per week.
For each hour over 40 in a workweek, businesses are required by the FLSA to pay non-exempt workers no less than time and a half their usual wage rate. If a non-exempt worker isn't paid hourly, one can determine their hourly rate by dividing their total earnings by the number of hours they worked. When making these calculations, vacation, holidays, and sick days shouldn't be taken into account unless the person really worked on those days.
Employers shouldn't presume that just because a worker receives a pay, they can be lawfully regarded as exempt under the FLSA. Employees may be entitled to overtime compensation if they don't pass an acceptable duties test, make less than $684 per week or $35,568 per year, or have certain deductions made from their pay.
Read more on non exempt workers here: brainly.com/question/28136801
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