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
Ivahew [28]
3 years ago
14

Suppose a bond with a 10% coupon rate and semiannual coupons, has a face value of $1,000, 20 years to maturity and is selling fo

r $1,197.93. 1) Is the YTM more or less than 10%
Business
1 answer:
NikAS [45]3 years ago
8 0

Answer:

The YTM is less than 10%

Explanation:

If a coupon rate of a bond is greater than its yield to maturity (YTM), the bond is said to trade at a premium. The Bond's current price would be greater than its Face value

If a coupon rate of a bond is less than its yield to maturity (YTM), the bond is said to trade at a discount. The bonds current price would be less than its face value

In this Question, the bond's current price ($1,197.93) is greater than its face

($1,000) which means that the bond is trading at a premium. Therefore, we can conclude that the bond's YTM is less than its coupon payment. In this question the coupon rate is 10%, therefore the YTM should be less than 10%.

You might be interested in
Question 8
Darya [45]

Answer:

A

Explanation:

people have to make choice due to limited (opportunity cost)

3 0
3 years ago
Define the following terms:<br>recession:<br>depression:<br>expansion:<br>this is for economics.​
soldier1979 [14.2K]

Answer:

Explanation:

Recession- a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

depression- a overwhelming feeling of despair that often leads to sui.ci.al  thought or su.ic.ide .

expansion- the action of becoming larger or more extensive.

6 0
2 years ago
Documents in a voucher system
amid [387]

Answer: 1 E, 2 C, 3 A, 4 F, 5 D, 6 B

Explanation:

Purchase requisition - A document used by department managers to inform the purchasing department to place an order with a vendor.

Purchase order - A document used to place an order with a vendor that authorizes the vendor to ship ordered merchandise at the stated price and terms.

Invoice - An itemized statement of goods prepared by the vendor listing the customer's name, items sold, sales prices, and terms of sale.

Receiving report - A document used to notify the appropriate persons that ordered goods have arrived, including a description of the quantities and condition of the goods.

Invoice approval - A checklist of steps necessary for the approval of an invoice for recording and payment; also known as a check authorization.

Voucher - An internal file used to store documents and information to control cash disbursements and to ensure that a transaction is properly authorized and recorded.

4 0
3 years ago
E
KonstantinChe [14]

Answer:

c is correct on

Explanation:

6 0
1 year ago
Read 2 more answers
Which of the following statements about entrepreneurs is FALSE? A. Entrepreneurs are people who start a new business. B. Entrepr
9966 [12]

Answer:

C. Entrepreneurs aren’t exposed to any risk when starting a new business.

Explanation:

Entrepreneurs are the person who starts their own business and took a financial risk from the start. Entrepreneurs manage the activities on their own,  develop new ideas. and create the team for the benefit of the organization

Therefore, Entrepreneur exposed to the financial risk while starting their own business

hence, the correct option is C.

3 0
3 years ago
Other questions:
  • What was one part of Mawi’s story that stood out to you from his videos? Why did it stand out?
    5·2 answers
  • The most significant conceptual difference between the arbitrage pricing theory (apt) and the capital asset pricing model (capm)
    11·1 answer
  • SmartKids, a textbook publisher, is considering investing in a software company that collects and stores data. What beta should
    11·1 answer
  • A(n) ________ market is a market in which goods or services are bought and sold illegally
    5·1 answer
  • Benson Company produces flash drives for computers which have variable costs of $10 per flash drive to produce. Each flash drive
    11·1 answer
  • Which of the following is NOT a good tip for driving at night? A . Beware of drowsiness B. Keep your eyes locked on the road ahe
    12·2 answers
  • Suppose you own a bicycle but haven't found the time to ride it much lately. These days, it is only worth $45 to you. One of you
    6·1 answer
  • Which activities are often required of someone who is in the performing arts?
    13·2 answers
  • An owner of a large ranch is considering the purchase of a tractor with a front-end loader to clean his corrals instead of hirin
    14·1 answer
  • Kingbird Company exchanged equipment used in its manufacturing operations plus $4,200 in cash for similar equipment used in the
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!