1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
makkiz [27]
3 years ago
15

Suppose that today, the current yield for a corporate bond is 4.3%. If the market price goes up by 11% tomorrow, compute the cur

rent yield after the increase.
Business
1 answer:
mamaluj [8]3 years ago
5 0

Answer:

Explanation:

(4.3/A)×100

The formula for current yield is given as

CY = Annual interest payment / Current Bond Price

Although the current bond price wasn't stated in the question but I'll assume a variable to it so that you can always substitute whenever you get a value.

Assuming the current bond price is A, the current yield will then become

(4.3/A)×100

You might be interested in
Ralph pays his workers $ 100 each, and labor is the only variable cost. At a quantity of 5000 chickens, how many workers does he
Flura [38]

Answer:

He hires 8 workers

Explanation:

The total cost is $1600 for 5,000 chickens minus the fixed cost of  $800, which equals $800. The total cost is total of fixed cost and variable cost as in absence of production the total variable cost is zero so from this we can conclude that total fixed cost is zero.

Then divide the total variable cost ($800) buy what Ralph pays his workers ($100), which comes to 8.

6 0
3 years ago
Does wealth make you happy? Yes, No - explain the reason for your response
xz_007 [3.2K]

Answer:

yes it makes.although it doesn't buy love and affection. it fulfills our need which makes us happy.

7 0
3 years ago
Bobby Company has fixed costs of $160,000. The unit selling price, variable cost per unit, and contribution margin per unit for
V125BC [204]

Answer:

1,500 units; 1,000 units

Explanation:

Break Even Point (in units) = Fixed cost ÷ Contribution margin per unit

Fixed cost = $160,000

Sales Mix = 60% of X + 40% of Y

                = 0.6X + 0.4Y

So,

Contribution Margin of the Mix:

= (60% × contribution margin of X) + (40% × contribution margin of Y )

Contribution Margin of the Mix per unit:

= (60% × 80) + (40% × 40)

= 48 + 16

= $64

Break Even Point (in units) = Fixed cost ÷ Contribution margin per unit  

                                            = 160,000 ÷ 64

                                            = 2,500 unit

At the Level of break even :

Unit of X at break-even:

= 60% of 2,500

= 1,500 units

Unit of Y at break-even:

= 40% of 2,500

= 1,000 units

3 0
3 years ago
Amanda is trying to decide whether to get a job after graduation or to spend another year in school to get her master's degree.
Alenkinab [10]

Answer:

36,000

Explanation:

5 0
3 years ago
If people's trust in the banking system is reduced due to a surge in bank failures, the money expansion resulting from a new dep
rewona [7]

Answer:

b) decline

Explanation:

If people's trust in the banking system is reduced due to a surge in bank failures, the money expansion resulting from a new deposit will <u>decline</u>. This happens because people lost trust and hastily withdrawn their money deposited with the bank.

4 0
3 years ago
Other questions:
  • Suppose the tax rate on the first​ $10,000 income is 0​ percent; 10 percent on the next​ $20,000; 20 percent on the next​ $20,00
    12·1 answer
  • Average Common Stockholders' Equity, Return on Stockholders' Equity Rebert Inc. showed the following balances for last year: Jan
    11·1 answer
  • Money makes trading easier by replacing what with transactions involving paper money, coins, and checks.
    8·2 answers
  • What is one course of action available in every decision making process?
    8·1 answer
  • Company A accounts for its investment in Company B under the equity method. Company A carried the Company B investment at $150,0
    15·1 answer
  • On January​ 2, 2017, Kellogg Corporation acquired equipment for​$800,000. The estimated life of the equipment is 5 years or​ 80,
    8·1 answer
  • Carla Vista Company purchases Sandhill Company for $2470000 cash on January 1, 2021. The book value of Sandhill Company’s net as
    15·1 answer
  • Cuando cambia el valor nominal de una accion
    11·1 answer
  • A town wishes to build a new school that will cost $15,000,000. The school is to be built in 10 years. The town will provide fun
    14·1 answer
  • Suppose a monopolistically competitive firm is earning an economic profit. The marginal revenue from selling an additional unit
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!