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olya-2409 [2.1K]
4 years ago
7

Jenny LePlaz is looking to invest in a five-year bond that pays annual coupons of 6.25 percent and currently sells at $912.34. W

hat is the current market yield on such bonds?
Business
1 answer:
3241004551 [841]4 years ago
8 0

Answer:

8.47%

Explanation:

annual coupon = 6.25% x $1,000 = $62.50

present value = -$912.34

cash flow 0 = -$912.34

cash flow 1 = $62.50

cash flow 2 = $62.50

cash flow 3 = $62.50

cash flow 4 = $62.50

cash flow 5 = $1,062.50

using an excel spreadsheet and the IRR function we can determine the yield to maturity = 8.47%

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The correct answer is:  Technology.

Explanation:

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Answer:

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Read 2 more answers
Bramble Corp. incurs the following costs to produce 9900 units of a subcomponent: Direct materials$8316 Direct labor11187 Variab
matrenka [14]

Answer:

$3,762

Explanation:

The computation is as seen below

Total cost when the production is 9,900 units

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Direct labor $11,187

Variable overhead $12,474

Total $31,977

But,

Their new cost on supplier offer is

= $2.85 × 9,900 units

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