Answer: 10%
Explanation:
When the price of a bond is at par, it means that the coupon rate and the Yield to Maturity are the same.
The Coupon rate is the interest rate that the Issuer of the bond pays the bond holders as a percentage of Par.
The Coupon payment here is $100 and the rate is;
= 100/1,000
= 10%
<em>Coupon Rate = 10% = Yield to Maturity </em>
Answer:
$77,000
Explanation:
Data provided as per the question below:-
Proceeds from sale of common stock = $153,000
Cash dividends paid = $76,000
The computation of net cash from financing activities is given below:-
Cash inflow from Financing Activities = Proceeds from sale of common stock - Cash dividends paid
= $153,000 - $76,000
= $77,000
Therefore for computing the net cash from financing activities we simply applied the above formula.
Answer:
A product whose demand rises when income rises, and vise versa, is a Normal Good.
Explanation:
Hope this helps! Have a good day!
To bring in a test group to try out the products before they are released to the general public so that you can work out any issues that the product may contain.
Answer:
you should pay up to $2,737.84 to Tobi
Explanation:
first, the terminal price of the perpetuity must be determined = annual payment / r = $1,500 / .08 = $18,750
now, the present day value of the future terminal value
present value = future value / (1 + r)ⁿ = $18,750 / (1 + 8%)²⁵ = $2,737.84
