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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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An amount of $2,500 is deposited in a savings account that earns 2.5% interest. Which is the future value
Lynna [10]

Answer:

$3,208

Explanation:

The computation of the future value is shown below;

As we know that

Future valie = Present value × (1 + rate of interest)^number of years

where

Present value is $2,500

Rate of interest = 2.5% ÷ 4 = 0.625%

And, the time period is = 10  × 4 = 40

So, the future value is

= $2,500 × (1 + 0.625%)^40

= $3,208

5 0
3 years ago
What is a market economy regulated by?
miskamm [114]

Answer:

Producers and consumers :)

Explanation:

Market economies are run by buyers and sellers, there is no government involved.

6 0
3 years ago
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julsineya [31]

Answer:

Identify managers and people with authority to decide the purchase.

Explanation:

When you work with an opportunity to sell an important part of your work, to be able to advance until closing, it is to be able to interview the person or people with the power to decide the purchase.

If you discover during your first interviews that the person with whom you initially contacted does not have the authority or influence over the purchase decision, then you need this person to promote your access to the person with the true power to decide. In many cases this is very easy to achieve, but in other cases, you will need to negotiate access to the sphere of power. The most powerful tool at your disposal to negotiate this access is to have created a vision of the solution to your problems in the mind of your interlocutor. Once you have created a vision of the solution, we can say that this person already has a clear idea about how to solve their problems and improve the current situation of the company. You must become a promoter of your solution within your company and serve as an engine to promote your offer in front of the decision group.

5 0
3 years ago
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Anastasy [175]

Answer:

Representativeness heuristic bias

Explanation:

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For example of John is a lawyer, he is judged to be a lawyer because of expression of various traits associated with lawyers.

Kellyanne hired Joshua from Southwest University. Because of his outstanding performance, it is assumed that other considered from Southwest University will also perform outstandingly.

This is a form of representativeness heuristic bias

7 0
3 years ago
What would the new optimal solution of product 3 sold for $15, and 100 hours of labor could be purchased?.
slega [8]

Answer:

I don't know sorry sorry forgive me

Explanation:

sorry

5 0
3 years ago
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