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Tpy6a [65]
3 years ago
15

Huron Investments issues $1 million in 13.250% bonds maturing August 11, 2028. The bond is callable August 11, 2023 at a call pr

emium of 2.500%. August 11, 2023 the prevailing yield is 5.250%. If Huron Investments calls the entire issue and replaces it with 5.250% bonds also maturing August 11, 2028 then each semi-annual coupon payment will decrease by ________
Business
1 answer:
Whitepunk [10]3 years ago
6 0

Answer:

Huron Investments issues $1 million in 13.250% bonds maturing August 11, 2028. The bond is callable August 11, 2023 at a call premium of 2.500%. August 11, 2023 the prevailing yield is 5.250%. If Huron Investments calls the entire issue and replaces it with 5.250% bonds also maturing August 11, 2028 then each semi-annual coupon payment will decrease by <u>$125,000</u>

Explanation:

Change in semi-annual coupon = (13% - 6.75%) x 4m / 2 = $125,000

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The establishment of lobster fishing season in the state of Florida is an example of:
SashulF [63]

Answer:

Government intervention in the economy.

Explanation:

The government in some cases take actions that affect the economy to have an impact and address inefficiencies. In this case, the intervention takes the form of a regulation that establishes a lobster fishing season in the state of Florida. Because of that, the answer is that this is an example of government intervention in the economy.

5 0
3 years ago
Which of the following is NOT one of the reasons that globalization has taken place?
larisa86 [58]

Answer: The correct answer is choice c.

Explanation: Globalization is the process in which businesses start operating on an international scale. Of the four options that are listed, the reason that is not one of the reasons that globalization has occurred is choice c - low differences in labor costs.

Cheaper labor is one of the primary reasons why some businesses are moving their manufacturing to other countries, making it the correct choice for this question.

6 0
3 years ago
According to your text, sales promotions such as free samples and point-of-purchase displays are designed to build.
sukhopar [10]

According to your text, sales promotions such as free smples and point-of-purchase displays are designed to build. are called "Short-Term sales."

<h3>What is short term sales?</h3>

An property or stock that the seller doesn't own is sold in a short sale. The typical transaction involves an investor selling borrowed securities in expectation of a decrease in price; the seller is then obligated to deliver the same number of shares at a later date. A seller, on the other hand, holds a long position in the stock or asset.

Some characteristics of short term sales are-

  • A stock that its an investor believes will lose value in the near future is sold short.
  • A trader borrows shares on margin for a set length of time to complete a short sale, selling the stock when the price is attained or the period of time has passed.
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5 0
2 years ago
When the price of a brand new Blu-ray player was $300 each, only 100 people in the small town bought one. When the price dropped
amm1812

Answer:

Elastic demand.

Explanation:

The term elastic demand describes a situation where a small change in price causes a considerable change in demand. In other words, the change in demand is not proportionate to the change in price.

As per the law of demand, an increase in price decreases the quantity demanded. The term elastic in this context means stretching or moving. A good has elastic demand if its demand is highly responsive to changes in price.

In the case of the Blu-ray player, the price changed from $300 to $50. A drop of $250. As a percentage, the price dropped by (250/300 x 100) = 83.3%. The demand increased from 100 to 1000. An increase of 900 units. The percentage increase =(900/100 x 100)=900%.

The demand for Blu-ray is elastic. A price decline of  83% causes the demand to rise by 900%.

6 0
3 years ago
You can locate magazine articles about specific careers in the:
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You can find them in the <span>Readers' Guide to nPeriodic Literature.

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3 years ago
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