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omeli [17]
3 years ago
9

You buy a 6% coupon $1,000 par T-bond 59 days after the last coupon payment. Settlement occurs in two days. You become the owner

61 days after the last coupon payment (59+2), and there are 121 days remaining until the next coupon payment. The bonds clean price quote is 120.59375. What is the full or dirty price (sometimes called the invoice price)
Business
1 answer:
AfilCa [17]3 years ago
4 0

Answer:

dirty price: 1,225.39

Explanation:

When we purchase the bond, we are paying the bond and the accrued interest

<em>bond price:</em> 1,000 x 120.59375/100 = 1,205.9375‬ = 1,205.94

accrued interest at purchase:

face value x bond coupon rate x time

1,000 par value x 6% x 59/(59+2+121) =

1,000 x 0.06 x 59/182 = <em>19,45</em>

Total amount for the bonds: 1,205.94 + 19.45 = 1,225.39

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XYZ Corporation is headquartered in the United States and is opening a new office in Singapore. The company decides to send a U.
jasenka [17]

Answer:

Expatriate

Explanation:

An expatriate is a professional who opts to works in another country other than his or her native country. To be regarded as an expatriate, the worker has to be highly skilled. He or she must be living and working in a foreign country.

An expatriate leaves their country to a different nation to provide specialized labor services, not for any other reason. The US citizen leaving for Singapore will be described as an expatriate. He is highly skilled and knowledgeable on the operations of XYZ corporations. The purpose of him being in Singapore is to offer his expertise to the new branch.

5 0
4 years ago
X-Mart uses the perpetual inventory system to account for its merchandise. On May 1, it sold $1,400 of merchandise on credit. Th
Eva8 [605]

Answer:

d. Debit Cost of Goods Sold $500.

c. Credit Merchandise Inventory $500.

Explanation:

The journal entry to record the cost of the sale is shown below:

Cost of Goods Sold $500

      To Merchandise inventory $500

(To record the cost of the sale)

Here the cost of goods sold is debited as it increased the expenses and credited the merchandise inventory as it reduced the assets

4 0
3 years ago
Each of the following is an effective way a company can manage consumer satisfaction except: Group of answer choices
GenaCL600 [577]

Answer:

Reduce the price of its product.

Explanation:

Reduction of price is not a sustainable way of managing customer satisfaction. Even if the customer is initially happy the business cannot consistently offer low prices as incentive because this will affect quality of the product. Once product quality goes down it will result in customer dissatisfaction.

Focus should instead be placed in giving the customer value. When customer's reciev value from your business consistently they will keep coming back.

3 0
3 years ago
9) what is one downside of using a savings account instead of a checking 1pc
White raven [17]

Savings account has a limit of 6 withdrawals per month, while checking account does not, is s one downside of using a savings account instead of a checking account.

<h3>What is meant by checking account?</h3>

Checking account is the regular account that facilitates the customer to deposits a withdrawal the money any time with no number of limit.

Checking accounts provides the limitless translation to the customer, and for this use businessman or businesswomen uses this account.

Thus, option B is correct.

For more details about checking account, click here:

brainly.com/question/22857190

#SPJ1

4 0
2 years ago
Name four reasons for the success of the mongols as conquerors
vagabundo [1.1K]
Here are some of the reasons why the Mongols were so successful as conquerors:
1 they had Genghis Khan - he was a military genius who managed to train his army well and lead them into many battles
2 they were numerous - there were over 10,000 people in the Mongolian army
3 their military strategists were quite crafty - they relied on setting traps and tricking their enemies
4 they used cruelty and fear - everyone was afraid of the Mongols and what they would do to them if they caught them
7 0
4 years ago
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