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blondinia [14]
3 years ago
6

g suppose that a commercial bank wants to buy treasury bills. these instruments pay $500 in one year and are currently selling f

or 5012. what is the the yield to maturity
Business
1 answer:
Vinil7 [7]3 years ago
3 0

Answer:

9.98%

Explanation:

Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity. It is a long term return which is expressed in annual term.

As per given data

Annual Payment = $500

Current price = $5,012

$500 payment each year for indefinite period of time is a perpetuity, value of perpetuity can be calculated as follow

Current Price = Annual Payment / Yield to maturity

Yield to maturity = Annual Payment / Current Price

Yield to maturity = ( Annual payment / Current price ) x 100

Yield to maturity = ( $500 / $5,012 ) x 100

Yield to maturity = 0.0998 x 100

Yield to maturity = 9.98%

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A direct marketing channel would be utilized by which of these companies? Convenience, an online store that offers its products
bekas [8.4K]

Answer:

Convenience, an online store that offers its products via its online click-to-order catalogs.

Explanation:

Direct marketing channels is a marketing strategy that places the company directly in contact with its prospective customers.

Direct marketing channels include;

- Telemarketing

- Face-to-Face Selling

- TV and other media services

Convenience, an online store that offers its products via its online click-to-order catalogs uses direct marketing channel.

7 0
3 years ago
EB13.
Harman [31]

Answer:

Journal entries to record the expenses incurred are given below.

Debit Factory Overhead Control Account      $ 1300

Credit Utilities bills account                              $  700

Credit Accumlated factory depreciation          $  400

Credit property tax payable                              $  200

Journal entries to record the allocation of overhead at the predetermined rate of $1.50 per machine hour are given below.

Debit WiP process account                                 $ 525

Credit Factory overhead applied account          $ 525

(1.5 * 350 (machine hours))

5 0
3 years ago
Alice purchases a rental house on August 22, 2019, for a cost of $174,000. Of this amount, $100,000 is considered to be allocabl
Vlada [557]

Answer:

$1,364

Explanation:

According to the MACRS a rental house is classified as the 27.5 year residential property. It is the first year after purchase and August is the 8th month of 2019 and so according to the MACRS depreciation table for the residential property the rate applicable for this property is 1.364%. Maximum depreciation deduction for the year 2019 is

Cost of House = $174,000

Cost of Land = $74,000

Cost of Building = $100,000

As depreciation on land is not applicable because it does not depreciate. The depreciation will be calculated using Building value

Depreciation = $100,000 x 1.364% = $1,364

6 0
4 years ago
HELPPPP!!!!!
vodka [1.7K]
1.the base price
2.returns per year
3.ceo mindset
4.balance sheet records
5.assests of the company
7 0
3 years ago
According to follett, in _______, neither side gets exactly everything it wants, and the best each side can do is obtain a resul
Leviafan [203]

According to follett, in a compromise neither side gets exactly everything it wants, and the best each side can do is obtain a result that each can agree too. Through its subsidiaries, the Westchester, Illinois-based Follett Corporation offers a range of educational products to schools, colleges, and public libraries.

The Charles M. Barnes established a secondhand bookshop in his Wheaton, Illinois, home in 1873, and that is how Follett Corporation was born. Three years later, Barnes relocated his company to Chicago and changed its name to C. M. Barnes & Company before setting up shop at 23 the LaSalle Street.

To learn more about Illinois, click here.

brainly.com/question/13405245

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7 0
2 years ago
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