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
olya-2409 [2.1K]
3 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]3 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%

You might be interested in
CalPERS, the California Public Employees Retirement System, manages over 240 billion dollars in assets. As an example of shared
Sphinxa [80]

Answer:

The correct option is true

Explanation:

Shared activism refers to the use of direct action in achieving a goal as in the case of people refusing to leave a house marked for demolition in order to protect the house from being demolished.

CalPERS as a pension fund manager coupled with being a major shareholder in many of the firms where it holds investment has just employed the strategy of direct intervention known as shared activism in order  that the value of its  portfolio is optimized.

5 0
3 years ago
Sweet Dreams sells 15,000 pillows per year for $25 per unit. Variable cost per unit is $14. Sweet Dreams wants to improve custom
Radda [10]

Answer:  The answer is $27.25

Explanation:

Let x be the price Sweet dreams will charge to earn the profit of $75,000

New sales units = 20,000

New variable cost = $19

We know, Sales - Variable cost - Fixed cost = Profit

Now applying the equation,

 20,000x - (20,000*19) - 90,000 = $75000

 20,000x = $75,000 + 380,000 + 90,000

therefore, x = $27.25

So, Sweet Dreams will charge $27.25 to earn the same profit it is earning now i.e. $75000 per year.

4 0
3 years ago
Jeremy is working on a spreadsheet which part of the information processing cycle will justify Jeremy’s use of the spreadsheet a
alukav5142 [94]
<span>Jeremy is working on a spreadsheet, the processing of the information processing cycle will justify Jeremy’s use of the spreadsheet and give the final output.  </span><span>Applying instructions to data takes place during the </span>PROCESSING  <span>stage of the information processing cycle.</span>
3 0
3 years ago
The Bankruptcy Abuse Prevention and Consumer Protection Act allows the bankruptcy court to disallow a petition for a Chapter 7 b
Gekata [30.6K]

The Bankruptcy Abuse Prevention and Consumer Protection Act allows the bankruptcy court to disallow a petition for a Chapter 7 bankruptcy if the individual filing for bankruptcy earns an income that is  too high to meet the standards of the means test.

<h3><u>Explanation:</u></h3>

The main aim of The Bankruptcy Abuse Prevention and Consumer Protection Act is the prevention of abuse against the process that are involved in Bankruptcy. The process that are associated with the asset liquidation is being controlled by the Chapter 7 of Title 11 U.S bankruptcy code.

The liquidation of non exempt assets to pay creditors is carried out by a trustee. There will be a discharge of the debt that remains when there is an exhaust of proceeds. If the income of an individual is too high to meet the standards of mean test , then, according to his act  the bankruptcy court to disallows a petition for a Chapter 7 bankruptcy.

5 0
3 years ago
In the context of the external environment of an organization, the task environment: a. is formed by the interaction among a com
Wittaler [7]

Answer:

In the context of the external environment of an organization, the task environment: includes the sectors that conduct day-to-day transactions with the organization.

Explanation:

In an organization setting, what is tagged as external environment entails the sectors that transacts with the organization on a day-to-day routine. Their forms of relationship on daily basis makes them to serve as external environment, they could be clients as the case may be.

3 0
3 years ago
Other questions:
  • ________ are obstacles in which the design of organization structure, information processing, and reporting relationships, imped
    9·1 answer
  • Grocery retailer safeway displays the thousands of items it sells in aisles containing related items or product groupings. examp
    5·1 answer
  • You are investigating a problem with the motherboard, what are the two main components to check out?
    13·2 answers
  • The entry to adjust for the cost of supplies used during the accounting period is______________.
    15·1 answer
  • One column of numbers consists of 28, 42, and 14. When the digits of the numbers are added together, the result is 2 + 8 + 4 + 2
    11·1 answer
  • Taylor devotes a lot of time to his fam and his friends. It is obvious he values ______.​
    13·1 answer
  • Financing With Stock. Chapman Co. is a privately owned MNC in the U.S. that plans to engage in an initial public offering (IPO)
    15·1 answer
  • Why does the government oversee the provision of public goods?
    5·1 answer
  • Why might a country choose to devalue its currency? to please its trading partners to encourage exports to encourage imports to
    8·2 answers
  • the initial impact of an increase in an investment tax credit is to shift aggregate a. demand left. b. supply left. c. supply ri
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!