Answer:
The price of the bond is $ 1,041.22
Explanation:
In calculating the price of the bond i discounted the future cashflows consisting of coupon payment and par value at redemption using the discount factor 1/(1+r)^N where r is the semi-annual YTM and N is the relevant period of cash flow.
The remaining coupon payments imply 14 years as a year has passed since the bond was issued.
Find attached spreadsheet.
record the adjustment for interest due for one month's worth of interest
Interest=( 2400×5/100)×1/12
= $10
In finance and economics, hobby is a price from a borrower or deposit-taking economic group to a lender or depositor of an amount above reimbursement of the major sum (that is, the quantity borrowed), at a specific price. It is awesome from a charge that the borrower may additionally pay the lender or some 1/3 party. It's also distinct from a dividend that is paid by a business enterprise to its shareholders (proprietors) from its earnings or reserve, however not at a specific fee decided in advance, rather on a seasoned-rata foundation as a percentage inside the praise gained by using threat-taking entrepreneurs while the revenue earned exceeds the overall expenses. For example, a consumer could normally pay interest to borrow from a financial institution, so they pay the financial institution an amount that is more than the amount they borrowed, or a customer can also earn hobby on their savings, and so they'll withdraw extra than they firstly deposited. In the case of savings, the patron is the lender, and the bank plays the position of the borrower.
Learn more about interest here
brainly.com/question/25793394
#SPJ1
Answer:
The correct answer is e. -$4,940.
Explanation:
This problem requires us to calculate the amount of the cash flow to creditors. The cash flow to creditor means all payment made to creditors in form of interest payment or principal payment. The amount borrowed is deducted from it. The detail calculation is given below.
Interest = Earning before interest and taxes - Net income - Taxes
Interest = 27,130 - 16,220 - 5,450
Interest = $ 5,460
Cash flow to creditors = 31,600 + 5,460 - 42,000 = -$ 4,940
If we want us to be in a healthy cash position at the end of the year then we have to ensure that there will be less long term debt and more investments at that time in our balance sheet.
Given that we want us to be in a healthy cash position at the end of the year.
We are require to find the way how can we will be in a healthy cash position at the end of the year.
A cash position basically represents the amount of cash that a company, investment fund, or bank has on its books at a specific point in time.
If we want us to be in a healthy cash position at the end of the year then we have to ensure that there will be enough investments in our balance sheet and less debt.
Hence if we want us to be in a healthy cash position at the end of the year then we have to ensure that there will be less long term debt and more investments at that time in our balance sheet.
Learn more about balance sheet at brainly.com/question/1113933
#SPJ4
Answer:
Got this from the same website you used
Explanation:
Advances in technology like the creation of cheap, lightweight laptops have allowed workers to work from almost anywhere. TRUE.
