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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%

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Ierofanga [76]

Answer:

Presentation

Explanation:

There are six steps in making a successful sale. The first step is prospecting and Qualifying and the last one is following up on the sale.

Personal selling is the sale in which the seller makes a face to face presentation to the customer. Sales jobs range from the salespeople at the clothing stores to the engineers with MBA's who design complex systems for the manufacturers. The importance of personal selling is that it provides a detailed explanation of the product and the sales message can be varied as per the interests of the prospective customer. The size of the personal sales force can be varied as per the needs. In the above question, the salesperson responds to new requests of the customer, which is an important part of personal selling.

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Lori and monica are looking at the cans of coffee on display at a local supermarket. they are trying to decide which of two diff
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Monica suggests that the larger size is usually a better buy. Lori is using a(n) "algorithm" ; Monica, a(n) "<span>heuristic".

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3 years ago
How do you think the benefits will help the firm before they<br> engage in I.M?
GaryK [48]

An information memorandum is very vital for a business because its gives the potential buyers an impression of your business before they meet physically or online with the company.

<h3>What is an information memorandum?</h3>

Let understand that the I.M. refers to an information memorandum.

An information memorandum refers to sales memorandum which is document produced prior to selling the business or opening of pitch to any prospective buyers.

In conclusion, an information memorandum is very vital for a business because its gives the potential buyers an impression of your business before they meet physically or online with the company.

Read more about information memorandum

<em>brainly.com/question/3352783</em>

4 0
2 years ago
Bunyan Heavy Equipment, a U.S. firm, is investigating expanding into Russia using a greenfield venture. The committee researchin
adoni [48]

Answer:

All of these are valid concerns and very relevant indeed, but the most problematic situation would be:

D) Russia's recent actions to gain state control of private firms' assets.

Explanation:

Russia is perceived as a very corrupt state, I don't live in Russia so I can't be 100% sure. Russian leaders are famous for being multi-billionaires that used to be communists, sounds weird.

The problem with Russia is that when their leaders want a private company they just take it away from its rightful owner and many times when the rightful owners complain they are sent to prison and beaten up to death. This may sound crazy but it happened several times including Russia's largest private company Yukos in 2003. Its owner whose last name is Jodorkovski was sent to prison for about 10 years, and its CFO was beaten to death while being held in a Siberian prison.

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3 years ago
When you pay more than you owe in taxes and the IRS gives you money back, that money is called _________.
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A is the answer i am positive

3 0
4 years ago
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