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tensa zangetsu [6.8K]
3 years ago
6

Wine and Roses, Inc. offers a 7% coupon bond with semiannual payments and a yield to maturity of 7.73%. The bonds mature in 9 ye

ars. Blank 1. Fill in the blank, read surrounding text. is the market price of a $1,000 face value bond
Business
1 answer:
Art [367]3 years ago
5 0

Answer:

current market price = $953.29

Explanation:

the market price of the bond = present value of the face value + present value of coupon payments

PV of face value = $1,000 / (1 + 3.865%)¹⁸ = $505.31

PV of coupon payments = $35 x 12.79935 (PV annuity factor, 3.865%, 18 periods) = $447.98

current market price = $505.31 + $447.98 = $953.29

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At December 31, the records of Nortech Corporation provided the following selected and incomplete data:Common stock (par $1; no
solmaris [256]

Answer:

The following balances have been worked out from the information given in question;

Explanation:

No. of Common stocks issued     $200,000/22         9,091

Paid in capital-Common Stocks               9,091*(22-1)  $90,909      

No. of Treasury Stock                                                         3,000

Treasury stock            3,000*20                                         $60,000      

EPS   =$147,750/(9,091 -3,000)                                          $24

Retained Earnings ($155,000+$147,750-$49,250)           $253,500

                                                 

4 0
3 years ago
The purpose of the Uniform Franchise Offering Circular is to
goldfiish [28.3K]
I think it’s b it is the most right played out
5 0
3 years ago
A firm can establish a sustainable competitive advantage over competitors if:
ELEN [110]

Answer:

it provides its customers benefits similar to its competitors but at a lower price

Explanation:

N/A

8 0
3 years ago
Pearson Company bought a machine on January 1, 2014. The machine cost $144,000 and had an expected salvage value of $24,000. The
allsm [11]

Answer:

Book value= $96,000

Explanation:

Giving the following information:

Pearson Company bought a machine on January 1, 2014. The machine cost $144,000 and had an expected salvage value of $24,000. The life of the machine was estimated to be 5 years.

Annual depreciation= (original cost - salvage value)/estimated life (years)

Straight-line depreciation= (144,000 - 24,000)/5= 24,000

Accumulated depreciation= 24,000*2= 48,000

Book value= 144,000 - 48,000= 96,000

6 0
3 years ago
It is possible to succeed in practicing business etiquette by simply
denpristay [2]

Answer:

From the given options, I strongly believe the answer to be A.

Explanation:

Lets break down the options more clearly now.

Option B can't be true. In fact, it is ridiculous! How can you practice etiquette by being stubborn?

Option C is, well, No! Making more money won't help you to succeed in practicing business etiquette. In fact there are a lot of individuals who has made a lot of money through unethical business practices!

Option D is irrelevant.

Option A however, is highly suitable. You be courteous, polite and Ethical. and also you are thoughtful, cautious and rational in your decision making. that is a proven formula to succeed in any business environment!

7 0
4 years ago
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