I take my time to reflect on how I treat people. I meditate so that I can truly know how I feel.
Answer:
6.35%
Explanation:
you can use the yield to maturity formula to determine the coupon:
YTM = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]
0.065 = {coupon + [(1,000 - 984.56) / 15]} / [(1,000 + 984.56) / 2]
0.065 = {coupon + 1.029} / 992.28
64.4982 = coupon + 1.029
coupon = 63.47
coupon rate = 63.47 / 1,000 = 0.06347 = 6.35%
Answer: . liquidity ratios
Explanation:
Liquidity ratios : These are the ratios that measure the capability of a company to meet its short term debt commitments .They show the number of times the short term debt obligations are covered by the cash and liquid assets. The following are examples of liquidity ratios
a) current ratio
b) cash ratio
c) quick ratio
d) working capital ratio .
Current ratio : This ratio juxtapose current assets to current liabilities.
Cash ratio : This ratio juxtapose just cash and investments which are readily convertible to current liabilities.