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telo118 [61]
3 years ago
9

Bond X is a premium bond making semiannual payments. The bond has a coupon rate of 9.6 percent, a YTM of 7.6 percent, and has 13

years to maturity. Bond Y is a discount bond making semiannual payments. This bond has a coupon rate of 7.6 percent, a YTM of 9.6 percent, and also has 13 years to maturity. Assume the interest rates remain unchanged and both bonds have a par value of $1,000.
Required:
a. What are the prices of these bonds today?
b. What do you expect the prices of these bonds to be in one year?
c. What do you expect the prices of these bonds to be in three years?
d. What do you expect the prices of these bonds to be in eight years?
e. What do you expect the prices of these bonds to be in 12 years?
f. What do you expect the prices of these bonds to be in 13 years?
Business
1 answer:
koban [17]3 years ago
3 0

Answer:Hi

Explanation:Hi

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Ainsley is a middle manager at a large, multinational corporation. She prefers to involve her subordinates in decision making an
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Answer:

<em>The above statement is false.</em>

Explanation:

Max Weber claimed that if the staff actually did what they were told the company would do well.

He already presumed that large organizations would only be capable of functioning effectively if regulations and guidelines were developed, and that everyone accurately followed those regulations.

7 0
3 years ago
In each succeeding payment on an installment note:
Serggg [28]

Answer:

In each succeeding payment on an installment note:

b. The amount that goes to interest expense decreases.

Explanation:

With each installment settled, the principal amount will continue to reduce and as a result, the amount that will be recognized as interest expense will also decrease.  This is because the interest expense is calculated based on the principal amount, which is decreasing with each installment.  The interest expense for a previous period will not be the same for the future period.

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3 years ago
10) Before the year began, Murphy Manufacturing estimated that manufacturing overhead for the year would be $175,500 and that 13
QveST [7]

Answer:

Explanation:

What is given:

Budgeted overhead = 175,500

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So Budgeted overhead per hour = 175500/13000 = 13.5

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Amount of manufacturing overhead allocated for the year based on direct labour hours = 14,500*13.5 = 195,750

4 0
3 years ago
Gundy Company expects to produce 1,207,200 units of Product XX in 2017. Monthly production is expected to range from 75,600 to 1
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Answer and Explanation:

The preparation of the flexible manufacturing budget is presented below:

                                              Activity level    

Finished units                 75,600            96,600           117,600

                                                      (75,600 + 21,000)      

Variable costs    

Direct materials($3) $226,800 $289,800 $352,800

Direct labor ($7)          $529,200 $676,200 $823,200

Overhead ($10)         $756,000       $966,000       $1,176,000

Total variable costs $1,512000       $1,932,000      $2,352,000

Fixed costs    

Depreciation [($4 ×  1,207,200) ÷  12] $402,400    $402,400   $402,400  

Supervision [($1 ×  1,207,200) ÷  12]     $100,600     $100,600   $100,600

Total fixed costs     $503,000           $503,000          $503,000

Total costs            $2,015,000          $2,435,000       $2,855,000

We simply added the total variable and total fixed cost so that the total cost could come and the same is shown above

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3 years ago
Most food service establishment before the 18th century cater to ____.
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Farmers are the only ones
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