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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.

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daser333 [38]

Answer:

Inflationary clauses in your insurance policy allow for the rising costs of building and associated labor. The cost of building materials such as wood, metal and cement increases each year. Likewise, if the cost of replacing your home increases, chances are your insurance costs will also increase. While that may be good news if you experience a loss, it'll be reflected in your monthly or yearly insurance premiums.

Explanation:

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Winona contracted with XtremeCast, a broadcast media firm, to cohost an Internet-streaming sports program. Winona and XtremeCast
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Answer: Yes. Winona was an independent contractor

Explanation:

Based on the analysis and the information that have been provided in the question, we can say that Winona was an independent contractor.

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8 0
3 years ago
The operating income and the amount of invested assets in each division of Conley Industries are as follows: Operating income In
sergiy2304 [10]

Answer:

A.)

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Commercial division = 19%

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Explanation:

- - - - - - - - - - - - operating - - - - - - invested

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A.)

return on investment ;

Operating income ÷ invested asset

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Commercial division (81700 ÷ 430000) × 100 = 19%

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3 0
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A regional jet manufacturer delivers 20 regional jets to an airline under long-term leases. The leaseterms are for 15 years with
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Answer:

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Gross profit = Sales - Production cost. In this case, we need to calculate gross profit per unit and multiply the gross profit per unit by number of jets sold.

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3 years ago
Desmond's 4-unit complex brings in an average of $1,250 per unit per month. The property is valued at $625,000. What is the gros
Kazeer [188]
I don’t know sorry but I tried my best and I couldn’t understand good luck
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