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stich3 [128]
4 years ago
8

What is the discount yield, bond equivalent yield, and effective annual return on a $4 million commercial paper issue that curre

ntly sells at 97.50 percent of its face value and is 145 days from maturity?
Business
1 answer:
ddd [48]4 years ago
7 0

Answer:

6.21%

Explanation:

Discount of the bond can be calculated by subtracting the purchase price of the bond from the face value. Discount Yield is the ratio of discount on the bond to the future value of the bond.

Discount Yield = [(F - P)/F] x [360/t]

Where

F = Face Value = $1,000 ( assumed)

P = Present value  = $1,000 x 97.5% = $975

t = 145 days

Placing the value in the formula

Discount Yield = [($1,000 - $975)/$1,000] x [360/145] = 0.0621 = 6.21%

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Which of the following is an example of a global strategy? Multiple Choice Consumer electronics companies developing different m
Tasya [4]

Answer:

Starbucks standardizing its products across the United States and other countries

Explanation:

When a company takes a global strategy, it means it is looking forward to competing and expanding itself in the global market. A global strategy represents the strategy and plans that a business implements to expand in other countries to profit more from the goods or services it offers abroad.

6 0
3 years ago
Suppose Americans suddenly develop a strong taste for Canadian whiskey. What happens to the demand for Canadian dollars in the f
weeeeeb [17]

Answer:

A) If there is a sudden spike in the demand for Canadian Whiskey, the demand for Canadian Dollars will shoot upwards in the FX market.

B) When the demand for Canadian dollars does up in the FX market, the forces of demand and supply will force its price to increase in relation to the dollar.

C) If America is not exporting any commodity, or the number of Canadian goods imported into America is less than what it shipped out to them, then there is a trade deficit. Trade deficits if sustained can lead to a weaker currency.

D) Because the export demand for Canadian Whiskey has taken an upward spiral, the number of net exports in Canada will increase. When this happens, the currency is strengthened and so is the Canadian dollar. When the strength of a currency increases, it automatically gives more purchasing power to those holding that currency.

When compared to the U.S. with a consistently lowered net export, the dollar is likely to depreciate in value, thus eroding the spending or purchasing power of the U.S. dollar.

Cheers!

5 0
4 years ago
Sally Company manufactures large kitchen appliances. For the first year of purchase, the company will repair any manufacturing d
zzz [600]

Answer:

warranty

Explanation:

A warranty is a guarantee from a seller to  buyer promising to if necessary repair or replace the purchased item with a stated period.

8 0
3 years ago
People who combine natural resources, labor, and capital in a profitable venture are called entrepreneurs.
svlad2 [7]
Answer
It’s not accurate but...,
Entrepreneur is an individual who creates business
Bearing most of the risks and enjoying most of the reward
Commonly seen as an innovator, a source of new ideas, goods, service and business
Hope it helps at least a little
Sorry if it’s not correct or useless
8 0
3 years ago
A batch of 40 car batteries required $200 of directmaterials and 10 direct labor hours at $15 per hour.Estimated total overhead
igomit [66]

Answer:

The cost of the batch amounts to $350

Explanation:

Cost of the batch is the expense or cost which is incurred in order to make the product or good in order to earn profit.

The cost of the batch is computed as:

Cost of batch = Direct material + Direct Labor

where

Direct material is $200

Direct Labor is computed as:

Direct labor = Hours × Rate per hour

= 10 × $15

= $150

Putting the values above:

Cost of batch = $200 + $150

Cost of batch = $350

7 0
3 years ago
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