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3 years ago

11

New markets has $1,000 face value bonds outstanding that pay interest semiannually, mature in 14.5 years, and have a 4.5 percent

coupon. the current price is quoted at 97.6. what is the yield to maturity?

1 answer:

dem82 [27]3 years ago

6 0

4.73% is your answer

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Fred, a department manager, is attending the monthly budget planning meeting, where all the department managers report on their

Llana [10]

The answer to this question is active style of listening
active style of listening involves direct focus and attention to whoever your communication partner is.
Nodding his hands appropirately after a certain response could be used as an indicator because it indicates that fred making a conscious effort to listen to the communication partner.

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3 years ago

Red Co. uses the product cost concept of applying the cost-plus approach to product pricing. Below is cost information for the p

hammer [34]

Answer:

b 43.50%

Explanation:

Product Cost = Variable Manufacturing Costs + Fixed Manufacturing Cost

Product Cost = 40,000*($7.00 + $11.00 + $3.00) + $80,000

Product Cost = 40,000*$21 + $80,000

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Markup = $80,000 + $140,000 + $180,000

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Markup percentage = Markup / Product Cost * 100

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Markup percentage = 0.434783 * 100

Markup percentage = 43.47%

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2 years ago

Where should you explain the factors that led you to submit an unsolicited proposal, such as conversations with members of the r

ira [324]

Solicited business proposals are executed in reaction to a purchaser's want, at the same time as unsolicited proposals are used to market it to capacity customers.

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1 year ago

Tex's Manufacturing Company can make 100 units of a necessary component part with the following costs: Direct Materials $120,000

Thepotemich [5.8K]

Answer:

Is better to continue the production of the component as currently is taking allocated overhead from other department. Buying will inccur in a financial disadvangate of 25,000

Explanation:

<u>Make</u>

Direct cost:

DM 120,000

DL 25,000

VMO <u> 45,000 </u>

Total Variable: 185,000

Tracable fixed cost: 5,000

Total cost: 190,000

<u>Buy option:</u>

purchase 190,000

unavoidable cost: (30,000 - 5,000) = 25,000

Total cost: 215,000

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3 years ago

Preissle Company, wants to sell some 20-year, annual interest, $1,000 par value bonds. Its stock sells for $42 per share, and ea

NikAS [45]

Answer:

coupon interest rate that the company must set on the bonds in order to sell the bonds-with-warrants at par is 8.25%.

Explanation:

warrant per share = 2*75 = $150

price of the bond = 1000 - 150 - (1000/(1.05^40))

= $707.9543177

coupon*(1 -(1/(1.05^40)))/0.05 = 707.9543177

coupon*17.15908635 = 707.9543177

coupon = 41.25827583

coupon rate = 8.25%

Therefore, coupon interest rate that the company must set on the bonds in order to sell the bonds-with-warrants at par is 8.25%.

6 0

3 years ago