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timofeeve [1]
3 years ago
14

Last year Carson Industries issued a 10-year, 13% semiannual coupon bond at its par value of $1,000. Currently, the bond can be

called in 6 years at a price of $1,065 and it sells for $1,200. What is the bond's nominal yield to maturity
Business
1 answer:
ANEK [815]3 years ago
3 0

Answer:

10%

Explanation:

This can be calculated using the nominal yield to maturity (YTM) formula as follows:

Yield to maturity = [C + ((F - P) / n)] / [(F + P) / 2]  ........ (1)

Where;

F = Face or par value = $1,000

C = Coupon or interest payment = $1,000 * 13% = $130

P = quoted price = $1,200

n = Years to maturity = 10

Substituting the values into equation (1), we have:

Yield to maturity = [130 + ((1,000 - 1,200) / 10)] / [(1,000 + 1,200) / 2]  = 0.10, or 10%.

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Explain the downside of social media for sports and entertainment marketers
vivado [14]

Answer: Athletes and entertainers must be very careful to think before they tweet or post anything to other social media sites. Because of the immediacy of this type of interaction and the high visibility of celebrities, one social media post could cause a whole lot of damage. Many celebrities have found this out firsthand. Take, for example, the case of Mark Cuban, owner of the NBA Dallas Mavericks. After his team got beat, he used his Twitter account to let off some steam at the referees who apparently—he thought—made some bad calls. His public venting cost him $25,000 in fines from the NBA. When he was notified about the fine, Cuban again used Twitter to vent, posting the following tweet on his profile: “can’t say no one makes money from twitter now. the nba does.”

Explanation:

6 0
2 years ago
Place and convenience are connected by a core linkage. While GoPro was able to get the product into locations where customers co
Serggg [28]

Question Completion with Options:

a. ignore convenience stores in its distribution network.

b. deliver fewer cameras than were needed during a holiday season.

c. miss the customer connection by emphasizing place over convenience.

d. exert too much power in the distribution network.

Answer:

GoPro

production problems forced it to

b. deliver fewer cameras than were needed during a holiday season.

Explanation:

Shortages are avoided by producers as much as possible in order not to cause disequilibrium in the market.  Shortages are not the same as scarcity.  They are temporary setbacks when the quantity demanded outstrips the quantity supplied at the equilibrium market price.  The backlashes result in lost sales and revenue for suppliers.  Shortages may clear ways for competitors to enter the market to meet the unsatisfied demand.

5 0
3 years ago
Apakah 5 adat dalam masyarakat yang bertentangan degan ajaran islam ?​
Veseljchak [2.6K]

Answer:

Yessir

Explanation:

8 0
3 years ago
True or False: A price ceiling below $25 per box is not a binding price ceiling in this market. True False Because it takes many
jeyben [28]

Answer:

1. False

2. Shortage; Larger

Explanation:

1. A binding price ceiling is one that prevents the market from reaching its equilibrium. In this market, the equilibrium price is $25 therefore anything below $25 will be binding. A price ceiling below $25 per box is a binding ceiling.

2<em>. Assuming that the long-run demand for oranges is the same as the short-run demand, you would expect a binding price ceiling to result in a </em><em><u>shortage</u></em><em> that is </em><em><u>larger</u></em><em> in the long run than in the short run.</em>

In the long run, supply is more sensitive because farmers can decide to plant oranges on their land, to plant something else, or to sell their land altogether.

This means that a price ceiling in the long run will be less attractive to farmers so they might leave the market. If they do this then the shortage will be more as there are now less supplies in the market.

7 0
3 years ago
The Truth-in-Lending Act gives debtors the right to rescind certain transactions for a period of ______ business days from the d
inysia [295]

Answer:

three

Explanation:

The Truth-in-Lending Act (TILA) applies to home loans. It requires lenders to disclose all costs related to a home loan, provides rescission rights for some transactions, and impose restrictions on home equity credits. But the TILA cannot set the interest rates or other fees charged by the lender, it only requires the lender to disclose the complete information, e.g. APR, monthly payments and amount financed.

3 0
3 years ago
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