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erastovalidia [21]
3 years ago
13

Bourdon Software has 11.8 percent coupon bonds on the market with 15 years to maturity. The bonds make semiannual payments and c

urrently sell for 108.7 percent of par.What is the current yield on the bonds?What is the YTM?What is the effective annual yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Business
1 answer:
Morgarella [4.7K]3 years ago
6 0

Answer:

The current yield on the bonds is 10.86%

The effective annual yield is 10.63%

Explanation:

The formula for current yield is given as

(coupon interest * face value)/market price

coupon interest rate 11.8%

face value is $1000.00

market price =$1000*108.7%

Find the computation of the current yield as well as effective annual yield in the attached spreadsheet.

Download xlsx
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What political reasons Government intervention in markets​
Varvara68 [4.7K]

Answer:

The main reasons for policy intervention by the government are:

To correct for market failures.

To achieve a more equitable distribution of income and wealth.

To improve the performance of the economy.

Explanation:

To correct for market failures: This is achieve by creating regulation institutions for the most important sectors in any given economy e.g. Federal Reserve, Treasury Department

To achieve a more equitable distribution of income and wealth: This is the aim of a develop economy to allocate the resources where needed and for that some countries rely in the government capability to prevent Monopoly creation or to protect its Internal Labor market.

To improve the performance of the economy.: In order to meet the economical agenda of any given government the institutions use variation on the interest rate, the government expenditure or the tax policies.

6 0
3 years ago
5. What is the purpose of a consumer cooperative?
Neko [114]
I think the answer is d
7 0
3 years ago
Which of the following are examples of how everyday people use the skill of technology in their daily skills
Vitek1552 [10]

The sentence that depicts the examples of how everyday people use the skill of technology in their daily skills is option E. All of these are examples of how everyday people use the skill of technology in their daily skills

<h3>What is technology?</h3>

Technology is the result of compiled knowledge and application of skills, methods, and processes used in industrial production and scientific research. Technology is found in the operation of all machines, with or without detailed knowledge of their function, for the intended purpose of an organization.

Therefore the correct answer is option E. All of these are examples of how everyday people use the skill of technology in their daily skills

The complete question goes thus:

Which of the following are examples of how everyday people use the skill of technology in their daily skills

A. Paying bills online

B.Checking email on their phone

C.Scanning a transportation card on the subway

D.Taking this online class

E. All of these are examples of how everyday people use the skill of technology in their daily skills

learn more about technology: brainly.com/question/25110079

#SPJ1

6 0
2 years ago
Orange Corporation has budgeted sales of 26000 ​units, targeted ending finished goods inventory of 6000 ​units, and beginning fi
bonufazy [111]

Answer:

29,000 units

Explanation:

The computation of the number of units produced next year is shown below:

Number of units produced next year = Ending finished goods inventory units + budgeted sales units - beginning finished goods inventory units

where,

Ending finished goods inventory units is  6,000 units

Budgeted sales units is 26,000 units

And, the beginning finished goods inventory units is 3,000 units

So, the number of units produced is

= 6,000 units + 26,000 units - 3,000 units

= 29,000 units

We simply applied the above formula

8 0
3 years ago
Marketing traditionally has been divided into a set of four interrelated decisions and consequent actions known as the?
My name is Ann [436]

Marketing traditionally has been divided into a set of four interrelated decisions and consequent actions known as the marketing mix

This is further explained below.

What is the marketing mix?

Generally,  The marketing process has historically been broken down into a series of four choices and subsequent actions that are together referred to as the marketing mix.

In conclusion, The "marketing mix" is a program made for businesses that have traditionally centered around the product, price, put, and promotion. The term "marketing mix" refers to this model.

Read more about the marketing mix

brainly.com/question/13495504

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5 0
2 years ago
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