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
tiny-mole [99]
4 years ago
13

Exodus Limousine Company has $1,000 par value bonds outstanding at 17 percent interest. The bonds will mature in 40 years. Use A

ppendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods. Compute the current price of the bonds if the percent yield to maturity is: (Do not round intermediate calculations. Round your final answers to 2 decimal places. Assume interest payments are annual.)
Business
1 answer:
deff fn [24]4 years ago
5 0

Answer:

Consider the following calculation

Explanation:

Yield to maturity is not given here. So we assume that Yield to maturity is 10%.

Present value of interest payment :

PV = A*PVIFA (n= 40,i =10%)

= 170*9.7791

= 1662.45

Present value of principal payment at maturity

PV = FV*PVIF (n= 40,i =10%)

= 1000 * .0221

= 22.10

Current price of bond = 1662.45+22.10

= $ 1684.55

You might be interested in
________ are also called trade receivables. A : Income taxes refundable B : Other receivables C : Advances to employees D : Acco
frez [133]
D.Accounts Receivable are also called trade receivables.

This is because the account receivables were earned by practicing your trade or doing your business.
7 0
3 years ago
Read 2 more answers
A database admin uses a show statement to retrieve information about objects in a database. this information is contained in a _
anastassius [24]

A show statement is used by a database administrator to get details about the items in a database. A data dictionary has this information.

  • facts factors applied or recorded in a database, facts device, or as a thing of a studies examine are given names, definitions, and houses in a data dictionary.
  • A imperative store for metadata is known as a facts dictionary. records about facts is called metadata.
  • Examples of information that might be found in a company's data dictionary include the names of all the databases that make up the organisation.

The shape and content material of records are categorised and communicated the use of a information dictionary, which also offers insightful descriptions for mainly distinct data objects.

The database control machine where the information dictionary is stored is accountable for this. therefore, on every occasion a database change is finished, the database control device without delay updates the facts dictionary. due to its self-updating nature, that is referred to as an energetic statistics dictionary.

Learn more about data dictionary:

brainly.com/question/8897251

#SPJ4

5 0
1 year ago
Turner, a billing executive, goes directly above his immediate boss, Ally, to Charlie for permission to take his lunch break 30
SSSSS [86.1K]

Answer: Option A    

 

Explanation: In simple words, Scalar principle refers to the rule under which a subordinate is obligated to report his or her actions to the immediate supervisor and not the higher management.

In the given case, Turner asked from his superior to take lunch break early which in turn resulted in the perception that it is allowed in the organisation. Therefore, turner gave authority to his subordinates and other co workers the of the department to do the same also.

Hence from the above we can conclude that the correct option is A.

5 0
3 years ago
Every product has a life cycle. A fad product such as a fidget spinner, can have a very short cycle,
Liula [17]

Answer:

A product's life cycle is generally divided into four stages:

  1. Introduction: requires a very large marketing effort (a lot of money invested), sales are generally low but the goal is to establish the product in the customers' minds.
  2. Growth: Sales start to pick up as customers accept the new product or service, and new competitors might appear. Companies have to try to differentiate their product from the competition.
  3. Maturity: sales reach their highest peak. Many companies extend the growth stage by making small changes and different versions of the product or service. Competition is generally very intense at this stage and since the market growth stalls, each company tries to win the market share of other companies.  
  4. Decline: sales start to decline since the product or service might become obsolete. Competition starts to shrink since companies start to exit the market. Companies might extend the decline stage by adding new uses for their products or cutting prices.
6 0
4 years ago
A farmer purchases a new type of corn seed that will reduce her need for pesticides by two-thirds. The new seed is only slightly
Snezhnost [94]

Answer: Chicken fever

Explanation: I don't know i was guessing but ill look it up fo you

3 0
3 years ago
Other questions:
  • Based on your knowledge of word parts, complete the sentence with the correct word. sam had to mix __________ parts of the two c
    6·2 answers
  • Sunland Company has 10,000 shares of 8%, $100 par value, cumulative preferred stock outstanding at December 31, 2022. No dividen
    8·1 answer
  • Kenneth is admired as a manager because of his ability to work well with others to get things done. Which type of skill is Kenne
    5·2 answers
  • Ending inventory is equal to the cost of items on hand plus: a. Items in transit sold f.o.b. shipping point. b. Purchases in tra
    6·1 answer
  • Chavez Corporation reported the following data for the month of July: Inventories: Beginning Ending Raw materials $ 29,000 $ 31,
    12·1 answer
  • Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours
    14·1 answer
  • The 6-month futures price on a non-dividend-paying stock is $36.20. the risk-free rate is 2.75 percent and the market rate is 9.
    5·1 answer
  • FIllmore Company began operations on Sept. 1 by purchasing $4,400 of inventory and $750 of cleaning supplies. During the month,
    14·1 answer
  • A deposit of $100,000 is made to an investment account today. At the end of each of the next four years, $10,000 must be paid ou
    11·1 answer
  • In year 1 the average price of X is $10, and in year 2 the average price of X is $23. If consumers buy more units of X in year 2
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!