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3 years ago

5

Bourdon Software has 11.2 percent coupon bonds on the market with 20 years to maturity. The bonds make semiannual payments and c

urrently sell for 108.4 percent of par.
What is the current yield on the bonds?

What is the YTM?

What is the effective annual yield?

1 answer:

sasho [114]3 years ago

5 0

Answer:

119.6

Explanation:

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The cash records of Crane Company show the following. For July:

ad-work [718]

Answer:

A. $3,560

B. $3,430

C. $4,120

D. $3,730

Explanation:

A. Calculation for the deposits in transit at July 31

July 1 Deposit in transit=$18,550 - ($15,720 - $730)

July 1 Deposit in transit=$18,550-$14,990

July 1 Deposit in transit= $3,560

Therefore the deposits in transit at July 31 were $3,560

B. Calculation for the outstanding checks at July 31

July 31 Outstanding checks=$18,540 - ($16,020 - $910)

July 31 Outstanding checks=$18,540-$15,110

July 31 Outstanding checks= $3,430

Therefore the outstanding checks at July 31 were $3,430

C. Calculation for the deposits in transit at August 31

August 31 Deposits in transit=$27,280 - $26,010 + $2,850

August 31 Deposits in transit= $4,120

Therefore the deposits in transit at August 31 were $4,120

D. Calculation for the outstanding checks at August 31

August 31 Outstanding checks=$24,460 - $23,110 + $2,380

August 31 Outstanding checks= $3,730

Therefore the outstanding checks at August 31 were $3,730

6 0

3 years ago

On-Time Delivery Company acquired an adjacent lot to construct a new warehouse, paying $27,000 and giving a short-term note for

crimeas [40]

Answer:

$306,835

Explanation:

Data provided

Legal fees paid = $2,435

Delinquent taxes = $15,100

Fees paid to remove old building = $19,400

Material salvage sold = $4,100

The computation of the cost of the land to be reported on the balance sheet is below:-

Amount paid to acquire adjacent lot = $27,000 + $247,000

= $274,000

Total cost of land = Amount paid to acquire adjacent lot + Legal fees paid + Fees paid to remove old building - Material salvage sold

= $274,000 + $2,435 + $15,100 + $19,400 - $4,100

= $306,835

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3 years ago

Why are russian and eastern europe interested to international managers? identify and describe reasons for such interest as well

algol13

Russian and Japanese Europe are interested in international managers: global control refers to the control of commercial enterprise operations in an employer, running in more than one country. global control has a whole lot of blessings.

International managers continually should arrange their commercial enterprise to evolve to neighborhood necessities of all international locations. firstly, they need to create a command hierarchy that involves human beings operating in multiple countries. Then, they must adhere to the local laws and guidelines of the nations they operate in.

It takes a wide range of know-how to be an international manager. They ought to have a complete historical past and aggressive intelligence in marketing, income, finance, and human sources. high-quality networking and pass-cultural communique abilities also are important.

International managers make a contribution with their cultural skills and knowledge of international economics, trade, governments, contracts, markets, and finance to ensure an organization's front into worldwide markets is aligned with its desires and goals.

Learn more about international managers here: brainly.com/question/24553900

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2 years ago

Which is not an inefficiency caused by binding price ceilings? illegal activity inefficient allocation to consumers wasted resou

stiv31 [10]

Answer: inefficient allocation of sales among sellers

Explanation:

A binding price ceiling is one in which the government imposes a legal minimum price that can be charged for a good, when the equilibrium price is below it. The ceiling creates a shortage in the market which leads to illegal activities, wasted resources and inefficient allocation to consumers.

However, it does not lead to inefficient allocation of sales among sellers.

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3 years ago

Who thinks that Brainly Inc. removing private message and profile comment features is a bad PR decision?

Dennis_Churaev [7]

Answer:

I dooooooooooooooooo ☝☝

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3 years ago