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
Cloud [144]
4 years ago
8

AB Builders, Inc., has 17-year bonds outstanding with a par value of $2,000 and a quoted price of 94.863. The bonds pay interest

semiannually and have a yield to maturity of 7.07 percent. What is the coupon rate
Business
1 answer:
timofeeve [1]4 years ago
8 0

Answer:

13.47%

Explanation:

yield to maturity = {coupon + [(face value - market value)/n]} / [(face value + market value)/2]

7.07% = {coupon + [($2,000 - $1,897.26)/34]} / [($2,000 + $1,897.26)/2]

7.07% = (coupon + $3.0218) / $1,948.63

coupon + $3.0218 = $1,948.63 x 7.07% = $137.7681

coupon = $137.7681 - $3.0218 = $134.7463

semiannual coupon rate = $134.7463 / $2,000 = 0.06737 x 2 = 0.1347 ≈ 13.47%

You might be interested in
The two most common pricing alternatives for products in the introduction stage of the product life cycle are:.
Anarel [89]

Answer:

penetration pricing and skimming pricing

3 0
3 years ago
C4n 4ny 1 β|4⊂k mαk3 α z0⊕m β⊂∪z 1m βФr3d -∩∅t tr1∩g 2² β rα⊂1st
Svetlanka [38]

Answer:

i am having a hard time unstanding you can you elaborate

8 0
3 years ago
Read 2 more answers
An analyst needs to adjust the nominal GDP for the years 2000 and 2010 into real terms to conclude his comparison analysis. The
valentina_108 [34]

Answer:

The answer is: the real gain in real GDP between 2010 and 2000 is 18.34%

Explanation:

First we have to determine the real GDP using the GDP deflator.

GDP deflator = (nominal GDP / real GDP) x 100

For year 2000:

24 = ($672 billion / real GDP ) x 100

2,400 = $672 billion / real GDP

real GDP = $0.28 billion

For year 2010:

51 = ($1,690 billion / real GDP ) x 100

5,100 = $1,690 billion / real GDP

real GDP = $0.331 billion

To calculate the real gain between real GDP from year 2000 to year 2010, we divide real GDP 2010 over real GDP 2000 and subtract 1:

($0.331 billion / $0.28 billion) -1 = 0.1834 x 100% = 18.34%

5 0
4 years ago
Which of the following equations describes customer value?
Vlad1618 [11]

Answer:

A. Customer value = customer benefits - customer cost

Explanation:

The customer value is the worth of a product or a service as compared to other alternatives in the standpoint of a customer.

It is basically like the worth of obtaining a product or a service is to a customer. Customer value can be considered how a customer benefits from the product minus the cost of obtaining the product.

Benefits and cost does not always have to be in the form of cash. A benefit can be in the form of quality, value, experience and cost can be in terms of time, effort, or energy.

4 0
4 years ago
Lifetime sells softball equipment. On November 14, they shipped $3,000 worth of softball uniforms to Palos Middle School, terms
Firdavs [7]

Answer:

The correct answer is $2,700.

Explanation:

According to the scenario, the computation of the given data are as follows:

Sell uniforms = $3,000

Sale return = $300

received order to produce in December = $1,800

So, we can calculate the net account receivable in November by using following formula:

Net account receivable =  Sales in November - Sales return in November

By putting the value, we get

= $3,000 - $300

= $2,700

7 0
3 years ago
Other questions:
  • Dee's suggestion that the company needed more control over the way its products were displayed, priced, and promoted prompted a
    12·1 answer
  • At which stage of marketing strategy would the marketing team address the question, "should we engage in these practices?"
    15·1 answer
  • If a good's production process results in pollution and the government taxes producers to pay for cleanup costs, then :______
    10·1 answer
  • Someone from ____________ is most likely to answer the question "Who am I?" by saying, "I am a mother" or "I work for ABC Corpor
    8·1 answer
  • A(n) ___________________ is performed to identify the most serious risks, help you manage risks, and identify the best methods t
    13·1 answer
  • The Krisp Kracker company which makes unique kettle chips for restaurants, clubs, and events, has just lost a large client that
    14·1 answer
  • Near the end of 2010, the ledger of Stivers Company included the following accounts and balances: Allowance for Doubtful Account
    7·1 answer
  • If inflation increases in a economy what happens​
    15·1 answer
  • Suppose people cannot tell for sure whether they will fall ill in any given year. High-risk people correctly perceive their chan
    10·1 answer
  • Xi-ling has a net income that is 5% of her monthly salary of $2,315. Xi-ling would like to keep a net income of $50 and put any
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!