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
erastova [34]
3 years ago
15

Workman Software has 6.4 percent coupon bonds on the market with 18 years to maturity. The bonds make semiannual payments and cu

rrently sell for 94.31 percent of par. a. What is the current yield on the bonds?
Business
1 answer:
Marizza181 [45]3 years ago
4 0

Answer:

Coupon (R) = 6.4% x $1,000 = $64

Semi-annual coupon = R/2 = $64/2 = $32

Current market price (Po) = 94.31% x $1,000 = $943.10                                              

Current yield = <u>R</u>

                         Po

                      = <u>$32</u>

                         $943.10

                      =  0.0339 = 3.39%                                                                                                                                                                                                          

Explanation:

The current yield on the bond is a function of coupon divided by the current market price. The coupon will be divided by 2 since the coupon is paid semi-annually.

You might be interested in
1. __________ is the act of declaring a drivers license void and terminated when it is determined that the license was issued th
katrin2010 [14]

The answer to the blank space is cancellation.

In the United States, when your driver’s license status is deemed invalid it can be due to several reasons, which are generally categorized into four: <em>suspension, revocation, cancellation, and denial</em>.

A suspended license means that your license is temporarily out of service, perhaps due to receiving too many traffic tickets or driving under the influence (first time). A revoked license means that your license is cannot be reinstated, which can be due to a serious traffic offense or failing a DMV road test. A denied license means that your application for a driving license in denied due to some reasons.

5 0
3 years ago
________ measures the percentage of individuals in a defined target market who are exposed to an ad during a specified time peri
Amiraneli [1.4K]

Answer:

Reach

Explanation:

Marketing reach is a metric used by sellers to estimate the portion of the target market that have been exposed to their adverts.

This is an important metric that shows how effective marketing efforts are, it also indicates wether more effort should be put into advertising to increase the reach.

Reach is calculated by dividing impressions by frequency.

Impression is the total number of times an advert is displayed while frequency is the number of times it is viewed.

7 0
3 years ago
If demand is inelastic, a drought around the world would ___the total revenue that farmers receive from the sale of grain.
Elena L [17]

Answer:

Raises ;

C. A drought in Kansas is not significant enough to affect the worldwide price of grain.

Explanation:

Drought is a situation where there is shortage of water due to prolong absence of rainfall.

This is because, when Kansas has a drought, purchasers or buyers can substitute  wheat from other places for Kansas wheat.

But, when the whole world has a drought, purchasers or buyers have no other suppliers of wheat to substitute.  This means that, no area will have wheat so that the buyers can buy, because every area will be affected by the drought.

In this case,the demand for wheat is inelastic in the short run.

7 0
3 years ago
Read 2 more answers
Without proposed Project​ A, a​ firm‘s estimated cash flows over the next 3 years is​ $275M. With proposed Project​ A, the​ firm
Gala2k [10]

Answer:

option B) $ 25M

Explanation:

Data provided in the problem:

Without proposed project A,

The estimated cash flows over the next 3 years =​ $ 275M

With the proposed project A,

The estimated cash flows over the next 3 years =​ $ 300M

Now, the amount of incremental cash flows associated with Project​ A will be calculated as;

Incremental cash flow = Cash flows (With Project A) - Cash flows (Without Project A)

on substituting the values, we get

Incremental cash flow = $ 300M - $ 275M = $ 25M

Hence, the correct answer is option B.

0 0
4 years ago
1. Your older sister, Anna is trying to figure out how she's going to pay for college in the
Elis [28]
1.) student loans due to the fact that they are more secure than credit card debt and maybe have long periods before they have to be paid off.
2.) chad has a maximum amount of money he can use before it has to be paid back. Unfortunately chads maximum was so low he couldn’t even buy popcorn, or he already maxed out his card.
6 0
3 years ago
Other questions:
  • Select the correct answer from the drop-down menu.
    10·1 answer
  • Lowe Co. manufactures products A and B from a joint process. Sales value at split-off was $700,000 for 10,000 units of A and $30
    7·1 answer
  • Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets
    14·1 answer
  • Ambient Management, Inc. was experiencing a gap in the services it was providing. It closed the gap by ensuring that its custome
    8·1 answer
  • Last year, Wesson Company sold 10,000 units of its only product. If sales decrease by 15% in the current year, how will unit var
    15·1 answer
  • Last question number 10 I need help
    7·1 answer
  • Disadvantages of partnerships include all the following except?
    8·1 answer
  • I really need Brainliest please it will help me a lot
    8·1 answer
  • What is the first thing you should do when you open an account
    6·1 answer
  • The Titan retires a $25.9 million bond issue when the carrying value of the bonds is $21.3 million, but the market value of the
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!