1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mario62 [17]
3 years ago
15

A 12-year, 5% coupon bond pays interest annually. The bond has a face value of $1,000.__________ Fill in the blank, read surroun

ding text. % is the percentage change in the price of this bond if the yield to maturity rises to 6% from the current yield to maturity of 4.5%
Business
1 answer:
Nata [24]3 years ago
5 0

Answer:

12.38% decrease

Explanation:

Given the following parameters

6%

Number of years = 12

Market yield I= 6 === 4.5

Present Value = 916.16 == 1045.59

PMT (annuity payment) = 50 (5%x1000)

Future value = 1000

Therefore, to solve for the percentage change, we have in the price of this bond in this situation, we have (916.16-1045.59) / 1045.59 = -0.1238

Hence, 12.38% decrease is the percentage change in the price of this bond if the market yield rises to 6% from the current yield of 4.5%,

You might be interested in
Current information for the Healey Company follows: Beginning raw materials inventory $15,200 Raw material purchases 60,000 Endi
elena-14-01-66 [18.8K]

Answer:

125,800

Explanation:

FIRST we check how many materials were used in production

beg raw + purchases = ending raw + used in production

15,200 + 60,000 = 16,600 + used in production

used in production = 58,600

SECOND the cost added during the period for the three main cost components

Raw materials 58,600

DL 42,800

MOH 30,000

cost added during the period 131,400

LASTLY the COGM

Beg WIP + cost added = ending + COGM

22,400 + 131,400 = 28,000 + COGM

COGM = 153,800 - 28,000

COGM = 125,800

3 0
3 years ago
Knox operates an electronics store as sole proprietor. On April 5, Knox was involuntarily petitioned into bankruptcy under the l
Xelga [282]

Answer:

$800

Explanation:

Since $50,800 are available for distribution, the payments will start with the trustee, the lawyers and the suppliers:

  • trustee will receive $15,000
  • lawyers will receive $10,000
  • Dart will receive $20,000
  • <u>Noll will receive $5,000    </u>
  • total $50,000

After the suppliers, lawyers and trustee are paid, only $800 are left and they will be given to Boyd. The creditors with unsecured claims will get $0.

6 0
3 years ago
Creating a Multimedia Presentation
zysi [14]
Wheres the question ??
5 0
1 year ago
The accounting firm of johnson and johnson has decided to design a nonstatistical sample to examine the accounts receivable bala
Vlad [161]

The total projected misstatement of the firm is $92225 and it can be concluded that projected misstatement is more than the expected misstatement.

<h3>How to calculate the projected misstatement?</h3>

The total projected misstatement will be calculated thus:

= $3500 + ($15250/$910000 × 3000000) + (1550/70000 × 1750000

= $3500 + $50275 + $38750

= $92225

The projected misstatement is more than the expected misstatement. Therefore, there is an unacceptable risk that the true misstatement is more than the tolerable misstatement.

Learn more about firms on:

brainly.com/question/25491204

8 0
2 years ago
What problems might a dog walker encounter? What risks are involved with this type of business? What is your plan when they occu
andreyandreev [35.5K]
Well they can lose the dog or the dog can attack someone else your would to not panic and control the dog and yourself
3 0
3 years ago
Other questions:
  • An adjustment for Prepaid Rent would indicate the amount
    11·1 answer
  • An asset was purchased for $126,000 on January 1, Year 1, and originally estimated to have a useful life of 8 years with a resid
    5·1 answer
  • Which of the following is a true statement? leaving all property to the surviving spouse maximizes the marital deduction and the
    9·2 answers
  • Which of the following requirements must be met for a redemption to be treated as substantially​ disproportionate? A. The shareh
    6·1 answer
  • Pls hurry ________structures are laid-back and undefined.
    12·2 answers
  • A company is about to begin production of a new product. The manager of the department that will produce one of the components f
    8·1 answer
  • Pina Company has the following two temporary differences between its income tax expense and income taxes payable.
    12·1 answer
  • The following information relates to the only product sold by Mastrolia Manufacturing. Sales price per unit $ 45 Variable cost p
    5·1 answer
  • Ms. Tant's case was thrown out of federal court. She later filed it in the New York state court solely as a case involving Mr. B
    9·1 answer
  • According to the tort doctrine of ________, any time an employee is liable for tortious acts in the scope of employment, the emp
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!