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const2013 [10]
3 years ago
8

A bond with an annual coupon rate of 7.2% sells for $988.22. What is the bond’s current yield? (Round your answer to 2 decimal p

laces.)
Business
1 answer:
KATRIN_1 [288]3 years ago
6 0

Answer:

7.29%

Explanation:

The computation of the current yield of the bond is shown below;

Current yield is

= (Par value × annual coupon rate) ÷ Selling price of the bond

= ($1,000 × 7.2%) ÷ $988.22

= $72 ÷ $988.22

= 7.29%

Hence, the bond current yield is 7.29%

This is to be computed by applying the above formula so that the current bond yield could arrive

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If a car company collaborated with a sheet metal supplier, the car company would be the supplier's ______. Multiple choice quest
kotykmax [81]

A car company would be called a <u>supplier's corporate partner</u> if its collaborated with a sheet metal supplier.

<h2>What is corporate partner?</h2>

A corporate partnership means a beneficial relationship between two separate company for specific purpose.

Here, the car company and sheet metal supplier are corporate partners because they have a specific purpose they serve there selves.

In conclusion, the car company would be called a <u>supplier's corporate partner</u> if its collaborated with a sheet metal supplier.

Read more about corporate partnership

<em>brainly.com/question/14034519</em>

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2 years ago
How much can Azco Autosystems, Inc., afford to spend on an energy management system if the software will save the company $21,30
ivann1987 [24]

The amount that that  Azco Autosystems, Inc.,  can afford to spend on an energy management system is $80,744.

<h3>Present value</h3>

Using this formula

Present Value = A(P/A, 10%, 5)

Where:

A=$21,300

(P/A, 10%, 5)=3.79079

Let plug in the formula

Present Value = 21,300 (P/A, 10%,5)

Present Value = 21,300 (3.79079)

Present Value =80,743.8

Present Value = $80,744 (Approximately)

Inconclusion the amount that that  Azco Autosystems, Inc.,  can afford to spend on an energy management system is $80,744.

Learn more about present value here:brainly.com/question/15904086

4 0
2 years ago
Airlines utilize _____ because there is constant communication and back-and-forth between gate agents, ticket agents, baggage ha
solniwko [45]

Hey there!

Your answer is reciprocal independence.

In reciprocal independence, different areas of a company are constantly communicating with each other.

Sequential independence means that one area is dependent on the actions of another, which is not what this is describing.

In pooled independence, different parts of the business are very separate and don't really interact with others, which is definitely what this is describing.

Hope this helps!

4 0
3 years ago
A model of sea ice coverage is made with sketches and diagrams. it shows that ice cover increased in the antarctic and decreased
yaroslaw [1]

This would be a conceptual model.

3 0
3 years ago
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What is a sales quota? Group of answer choices
Nuetrik [128]

Answer:

Sales Quota is the amount of sales that an individual sales person or group of sales people is expected to make within a specific amount of time.

Explanation:

Sales Quotas are the goals of the sales team that they are expected to achieve in a given period of time. It can be monthly, quarterly, or yearly. Sales Quota can be based on one person or can be set for a team or a group.

This helps an organization to achieve sales and revenue targets. Managers are able to learn about the productivity of the team and their success rate with the help of Sales quota. Sales quota also motivate the team to do better and achieve the goals.

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