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Furkat [3]
2 years ago
13

A 10-year (zero-coupon) Treasury bill with face value of $100 per share is selling at $70.89 per share. There is a 10-year corpo

rate bond with a 5% coupon rate and face value of $100 per share. The coupon payment is every 12 months. The price of the bond is $96.23 per share. The 10-year, zero coupon Treasury bills are selling at $70.89. What is the bond's yield to maturity?
Business
1 answer:
olga55 [171]2 years ago
7 0

Answer:

3.5%

Explanation:

the yield to maturity of a zero coupon bond is calculated using the following formula:

YTM = (face value / current market value)¹/ⁿ - 1

YTM = ($100 / $70.89) ¹/¹⁰ - 1 = 3.5%

the way you can check if your calculations were correct is to find the future value of the bond using the YTM = $70.89 x (1 + 3.5)¹⁰ = $99.997 ≈ $100

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5 0
3 years ago
When you create an appointment schedule for the doctor, based on her preferences, you should _____. A. avoid scheduling appointm
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When you create an appointment schedule for the doctor, based on her preferences, you should (D) all of the above.

<h3>What is an appointment?</h3>
  • A legal appointment is one in which the subject matter is of a legal character.
  • Meetings with attorneys, administrative hearings, interviews and/or interactions with police officers, and any type of appeal affecting housing, finances, or an individual's civil liberty are examples of these appointments.
<h3>Solution -</h3>

So when we create an appointment for the doctor, based on her preferences we should:
Avoid being too early or too late, we just have to be at the right time. So option (A) is correct.

We should always try to create appointments in blocks to make the appointment comfortable for both. So, option (B) is also correct.

Whenever we fix an appointment, we should always consider the travel time. So, option (C) is also correct.

Therefore, when you create an appointment schedule for the doctor, based on her preferences, you should (D) all of the above.

Know more about appointments here:

brainly.com/question/24294091

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6 0
1 year ago
Citrus Inc., a leading Internet service provider, provides its top managers with a bonus every year. However, this year the comp
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Answer:

Extinction

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Contingency of extinction occurs when previously reinforced behaviours are removed or changed as a result of changes in the environment. In this scenario, the behaviours that was changed in the current year was the payments of bonuses to top managers. The changes in the environment was the poor performance and average stock price dropping. It resulted in the top managers not receiving their annual bonuses this time.

4 0
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This is perceived value, making the check ups free increases the value.

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3 years ago
An architecture firm charges clients $250 per hour for their services, and they pay their architects an average of $175 per hour
erma4kov [3.2K]

Answer:

A)$135,000

Explanation:

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3 0
3 years ago
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