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
Contact [7]
3 years ago
9

Tangshan Industries has issued a bond which has a​ $1,000 par value and a 15 percent annual coupon interest rate. The bond will

mature in ten years and currently sells for​ $1,250. Using this​ information, the yield to maturity on the Tangshan Industries bond is​ ________. A. 11.39 percent B. 10.79 percent C. 13.29 percent D. 12.19 percent
Business
1 answer:
mina [271]3 years ago
6 0

Answer:

B. 10.79 percent

Explanation:

yield to maturity = [150 + (1250 - 1000/10)]/[(1250 + 1000/2)]

                            = 10.79%  

Therefore, The yield to maturity on the Tangshan Industries bond is 10.79%

You might be interested in
In which statement(s) are "demand" and "quantity demanded" used correctly? (I) "An increase in the price of tea will reduce the
ryzh [129]

Answer:

The correct answer is letter "A": in both statements I and II.

Explanation:

(I) According to the demand law, <em>if the price of tea increases the quantity demanded of tea will decrease</em>. If the price of tea decreases, the quantity demanded of tea will increase. Quantity demanded and the price has an inversely proportional relationship in the demand law.

(II) When talking about complementary goods like tea and sugar, <em>if the price of tea increases will result in a negative movement along the demand curve of tea and will cause the demand curve of sugar to move inwards. In such a scenario, the demand for each good will be reduced.</em>

8 0
3 years ago
All liabilities involve a probable ____ sacrifice of economic benefits and arise as a result of _____ transactions or events.
stira [4]

All liabilities involve a probable future sacrifice of economic benefits and arise as a result of past transactions or events.

A liability is a debt that a person or business has, typically in the form of money. Through the transmission of economic benefits like money, products, or services, liabilities are eventually satisfied. Assets and liabilities can be compared. Assets are items you own or owe money to; liabilities are things you owe money to or have borrowed. A liability is an unfulfilled or unpaid obligation owed by one party to another. A financial liability is an obligation in the world of accounting, but it is more specifically characterized by previous business transactions, events, sales, exchanges of goods or services, or anything else that will generate income in the future.

More about liabilities brainly.com/question/14921529

#SPJ4

8 0
2 years ago
A budget based on several different levels of activity, often including both a best-case and worst-case scenario, is called a:
Kaylis [27]

Answer:

Flexible budget.

Explanation:

7 0
2 years ago
Read 2 more answers
_______Treasury Stock is reported on the balance sheet
Debora [2.8K]

Answer:

c. as a deduction from Stockholders’ Equity

Explanation:

The treatment of the treasury stock in the balance sheet is that it is deducted from the stockholder equity as it shows the buy back position of the common stock

The other things i.e retained earnings, additional paid in capital is to be added as it increased the balance of the stockholder equity

Therefore in the given case, the option C is correct

5 0
2 years ago
Felix works for an animal rescue. His boss showed him how to take an existing vaccination record, alter it with a new dog’s info
serious [3.7K]

Answer:

found out his boss was ordering the selections of document and reporting it was the right thing to do

3 0
2 years ago
Other questions:
  • You have had $5,500 in a Roth IRA account for 3 years earning 1.2% annual interest. During those 3 years, the rate of inflation
    13·1 answer
  • Cujo invested $2,500 in an account earning 3.4% annual interest that is compounded semi-annually. How long will it take the inve
    14·2 answers
  • A company currently pays a dividend of $2.2 per share (D0 = $2.2). It is estimated that the company's dividend will grow at a ra
    8·1 answer
  • Jobs in the hidden job market can be discovered through job advertisements t or f
    9·2 answers
  • We typically hear of the gains from trade coming through specialization wherein each nation produces more of and exports that go
    7·1 answer
  • Think of a firm that has attained a differentiation focus or cost focus strategy. Are its advantages sustainable? Why? Why not?
    12·1 answer
  • Under the allowance method, writing off an uncollectible account a. affects only balance sheet accounts. b. affects both balance
    10·1 answer
  • On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $85,050 in assets in exchange for i
    5·1 answer
  • If you see a customer is drinking quickly you can do all the following except
    13·1 answer
  • Among ________, women and men shop on the Internet with equal frequency, and men tend to spend more per purchase transaction tha
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!