Answer: $34.33
Explanation:
From the question, we are informed that bond has a par value of $1,000, a current yield of 6.84 percent, and semiannual coupon payments and that the bond is quoted at 100.39.
Thee amount of each coupon payment goes thus:
We have to calculate the bond price which will be:
= $1000 × 100.39%
= $1000 × 1.39
= $1003.9
It should be noted that the current yield is calculated as the annual coupon amount divided by the bond price. This will be:
6.84% = annual coupon amount ÷ $1003.9
Annual coupon amount = $1003.9 × 6.84%
= $1003.9 × 0.0684
= $68.67
Each coupon amount will now be:
= $68.67/2
= $34.33
Answer:
Analytical reports are written for external audiences; informational reports are written for internal. An informal writing style is appropriate for external reports
Explanation:
Meaning of Informal Writing Style
Colloquial – Informal writing is similar to a spoken conversation. Informal writing may include slang, figures of speech, broken syntax, asides and so on. Informal writing takes a personal tone as if you were speaking directly to your audience (the reader).
I hope that this helps you
In a country with a high uncertainty avoidance majority of people have an increased level of anxiety about uncertainty and ambiguity
Answer:
The correct answer to the following question will be "$43,303.34". The further explanation is given below.
Explanation:
The given value is:
Subscription price = $23 per share
Now,
First measure Net earnings per share
=
On putting the values in the above expression, we get
=
=
Current shares on sale =
Amount of rights required =
Share price would be ex-right:
=
On putting the values in the above formula, we get
=
=
= $
As we know,
The value of a right = Selling price per share - Ex-rights stock price,
=
= $
And the proceeds from the right to sell would be:
Number of shares × Value of a right
=
= $
An organization that is made up of many owners who normally are not active in the decision-making and operations of the business. is what. Answer: Limited Partnership
A business owned by one person who typically runs and manages the business. is what.
Answer: Proprietorship
A new type of business structure that combines the benefits of a partnership and corporation. is what. Answer: Limited Liability Corporation
Answer: Partnership Two or more people who share the ownership of a single business.