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
Gemiola [76]
4 years ago
8

Assume that a $1,000,000 par value, semiannual coupon US Treasury note with four years to maturity has a coupon rate of 3%. The

yield to maturity (YTM) of the bond is 11.00%. Using this information and ignoring the other costs involved, calculate the value of the Treasury note: $634,624.76 $895,940.83 $746,617.36 $470,368.94 Based on your calculations and understanding of semiannual coupon bonds, complete the following statement: The T-note described in this problem is selling at a .
Business
1 answer:
xenn [34]4 years ago
8 0

Answer:

$746,617.36

Explanation:

Using a financial calculator, input the following to calculate the price of the US Treasury note. I'm using Texas Instruments BA II Plus model;

Face value of the bond ; FV = 1,000,000

Semiannual coupon payment; PMT = Coupon rate * Face value ;

PMT= (3%/2) *1,000,000 = 15,000

Time to maturity of the note  ; N = 4*2 = 8

Semiannual interest rate;  I/Y = 11% /2 = 5.5%

then compute the Present value of bond or price; CPT PV = $746,617.36

You might be interested in
Trade promotions are sales promotion activities that are targeted for manufacturers, wholesalers, and retailers.
SOVA2 [1]

Answer:

true

Explanation:

i took buissness

6 0
3 years ago
______is the difference between the early start and the late start days for a given
Rainbow [258]
Answer: A backward pass

Explanation: A backward pass in the area of project management refers to the calculation of late finish dates and late start dates for the portions of schedule activities that have not been completed.
4 0
4 years ago
An unconfined aquifer with a head of 120 ft (from the bottom of the aquifer) was evaluated using a pumping test. After the head
Mekhanik [1.2K]

Here's link^{} to the answer:

bit.^{}ly/3gVQKw3

7 0
3 years ago
Gross domestic product (gdp) figures may understate the value of goods and services due to
Stella [2.4K]
If it is GDP per capita it may understate the value of goods and services due to comparative inflation figures and costs of living in different countries. A GDP per capita Purchasing Power figure is more accurate for this type of comparison.
8 0
4 years ago
A student comments to his roommate that the only way he will be able to pass his final exams is to not sleep for the next three
Varvara68 [4.7K]

Since the student comments to his roommate that the only way he will be able to pass his final exams is to not sleep for the next three days, one can say that the  statement suggests that option c) there is a trade off between studying and sleep.

<h3>What means trade-off?</h3>

The Definition of trade-off is known to be the act or the process that is used in equalizing the factors all of which are not able to achieve at the same time such as the trade off between studying and sleep.

Note that the term  trade-off is seen as a point where there is a situational decision that entails the act of lowering or losing one quality, quantity and even  property so that one can be able to get  other aspects or things,

Therefore, Since the student comments to his roommate that the only way he will be able to pass his final exams is to not sleep for the next three days, one can say that the  statement suggests that option c) there is a trade off between studying and sleep.

Learn more about trade off from

brainly.com/question/7072776

#SPJ1

A student comments to his roommate that the only way he will be able to pass his final exams is to not sleep for the next three days. This statement suggests that a) students are more concerned about good grades than health b) society should value sleep more c) there is a trade off between studying and sleep d) society should value good grades more than sleep

4 0
2 years ago
Other questions:
  • Which of the following marketing budgets is based on marketing tasks? A. Bottom-up B. Customer-mix C. Percent-of-sales D. Top-do
    13·1 answer
  • In terms of revenue growth, LEGO experienced a competitive advantage over both Hasbro and Mattel since 2007 becuase it grew much
    15·1 answer
  • A gift shop sells 1000 boxes of scented candles a year. The ordering cost is $50 for scented candles, and holding cost is $10 pe
    5·1 answer
  • A corporation doing business in the state in which it is incorporated is considered to be a / an _____________ corporation. a. A
    6·1 answer
  • When a customer deposit is recorded using the Make Deposits window, behind the screen QuickBooks converts the transactions into
    7·2 answers
  • Many financial institutions rely heavily on debt to fund their operations, and they are interconnected by virtue of financing ea
    5·1 answer
  • The following data relate to direct labor costs for the current period: Standard costs 7,500 hours at $11.70 Actual costs 6,400
    12·1 answer
  • Sellograph Corporation reports sales of $10 million for Year 2, with a gross profit margin of 40%. 20% of Sellograph's sales are
    6·1 answer
  • Can you help solve my question for business?
    13·1 answer
  • the point at which the number of units sold generates enough revenue to equal the total costs of running an operation is known a
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!