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
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
You might be interested in
Because services are __________, it is often difficult for marketers to convey the benefits to consumers.
muminat

Because the services are intangible, it is often difficult for the marketers to convey benefits to consumers.

<h3>Who is a marketer?</h3>

A marketer is someone who advertises the goods and services of an organization. They identify the tactics that can increase revenue and sales while making sure that these tactics are in line with both customer and market need. Now that we are aware of what a marketer is, let's examine their function. Let's first examine the function that a marketer does before delving into the importance of marketing for firms. The financial success of any firm can be determined by the marketer's ability to sell. They make sure that the goods and services are promoted effectively enough to sustain demand. Long-term brand equity and improved consumer experiences are enhanced by imaginative and creative marketers.

To learn more about marketing. visit

brainly.com/question/13414268

#SPJ4

5 0
1 year ago
​Bill Hickey is an employee of the Middleburg school district, and John Morgan is associated with that district as well. At meet
Ipatiy [6.2K]

Answer:

c. Bill is the superintendent of schools, and John is the chair of the school board

Explanation:

Bill is the superintendent of schools, and John is the chair of the school board

3 0
3 years ago
Which of the following is true about the self-employed health insurance deduction? a. Medical insurance is allowed as a deductio
Luden [163]

Answer:

b. Long-term care insurance is allowed as a deduction, subject to a dollar limitation.

Explanation:

Long-term care insurance is designed to provide daily benefit to the holder when he is in need of assistance do some activities related to daily living such dressing, eating, bathing, and among others.

It is possible for self employed to qualify to deduct 100% of the premium paid for long-term care insurance subject to the maximum of 2020 age-based eligible premium amounts as provided below:

Age 40 and below = $430

Age 41 - 50 = $810

Age 51-60 = $1630

Age 61-70 = $4350  

Age 71 and over = $5430

3 0
3 years ago
For what eccentricity is the secondary focus (which is usually empty) located at the sun? What is the shape of this orbit?
saul85 [17]

Answer:

The eccentricity, denoted by e, is defined as that fraction of an ellipse size which causes the focus to move away from the center. When an ellipse has an eccentricity of zero, this means that the focus and the center are in one same place. Thus the eccentricity of the secondary focus located at the sun is zero when located at the sun. Thus with an eccentricity of zero, the focus and center will be at same place therefore making the shape of the orbit to be a perfect circle.

Explanation:

5 0
2 years ago
Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are p
I am Lyosha [343]

Answer:

See below

Explanation:

Raw materials purchased is computed as;

Raw material purchase = Ending inventory + required for production - beginning inventory

= 50,000 + ((80,000 + 770,000 - 30,000) × 3) - 60,000

= 50,000 + 2,460,000 - 60,000

= 2,450,000 grams

8 0
2 years ago
Other questions:
  • Beginning inventory, purchases, and sales for Item Widget are as follows: Mar. 1 Inventory 200 units at $8 9 Sale 175 units 13 P
    11·1 answer
  • A good reason to open a checking account is that
    9·1 answer
  • Your firm is contemplating the purchase of a new $684,500 computer-based order entry system. The system will be depreciated stra
    8·1 answer
  • Colt Carriage Company offers guided​ horse-drawn carriage rides through historic Charleston comma South Carolina. The carriage b
    13·1 answer
  • Custom Homebuilders (CH) designs and constructs high-end homes on large lots owned by customers. CH has developed several formul
    7·1 answer
  • Tax accounting, llc, is a member-managed limited liability company. if the law in tax accounting’s state is like the law in most
    9·2 answers
  • How does Samsung share its knowledge within the Samsung organization,
    9·1 answer
  • Trey Morgan is an employee who is paid monthly. For the month of January of the current year, he earned a total of $4,538. The F
    5·1 answer
  • On her way to a concert, Hermione stopped at a restaurant for dinner. In her purse, she had 12 bills worth a total of $40. She h
    11·1 answer
  • casey deesel is a sports agent negotiating a contract for titus johnston, an athlete in the national football league (nfl). an i
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!