Ask question

Ask question

All categories

3 years ago

14

On July 1, 2012, you purchase a $10,000 par T-note that matures in five years. The coupon rate is 8 percent and the price quoted

is 98.1875. The last coupon payment was May 1, 2012, and the next payment is November 1, 2012 (184 days total). The accrued interest is ______.

1 answer:

Hunter-Best [27]3 years ago

6 0

Answer:

$132.61

Explanation:

132.61 ((8%/2) x 10,000) x (61 days since last coupon/184) = $132.61

You might be interested in

What is the interest rate on a three-year investment with a future value of $1000 and a present value of $863.84?

Nimfa-mama [501]

Use
$F=P(1+i)^n$

Substituting
F=1000, P=863.84, n=3
solve for i
$1000=863.84^(1+i)^3$
solving for i
=>
$i=(\frac{1000}{863.84})^{\frac{1}{3}}-1$
=0.0500

Answer: the annual interest rate is 5%

3 0

3 years ago

describe(s) interactions and patterns that operate in a family over time and that are linked to expectations. ________________is

nataly862011 [7]

Satisfaction is the accounting system linked to family loyalty and indebtedness.

<h3>What is Satisfaction?</h3>

This refers to the fulfilment needs of a person being met as a result of an action or a consequence.

With this in mind, we can note that satisfaction is the accounting system linked to family loyalty and indebtedness as this controls the interactions and patterns that operate in a family over time and that are linked to expectations.

Read more about satisfaction here:
brainly.com/question/584434

7 0

2 years ago

Brief Exercise 17-09 Hinck Corporation reported net cash provided by operating activities of $361,200, net cash used by investin

irina1246 [14]

Answer:

Hiiiii

Explanation:

Hi

5 0

2 years ago

When the economy is on the short-run aggregate supply curve and to the left of the long-run aggregate supply curve, actual aggre

Colt1911 [192]

Answer:

Nominal salaries decrease and the short term aggregate goes up to the right.

Explanation:

Companies normally make decisions about the amount of supplies in which they invest according to the profits that they expect to obtain in the future according to the variables of their economic activity. The profits for the company will be also determined by the price of the products or services the company trades and the price of the supplies necessary for such activities.

6 0

3 years ago

A restaurant review published in the local newspaper is an example of ________.

V125BC [204]

<span>A restaurant review published in the local newspaper is an example of publicity. When the review they can increase the number of customers.now a days nobody is visiting restaurants without checking reviews. Negative reviews will definitely spoil the business. Hotel with more positive reviews using it for publicity.</span>

6 0

3 years ago