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
levacccp [35]
3 years ago
13

21. Perry Inc.'s bonds currently sell for $1,150. They have a 6-year maturity, an annual coupon of $85, and a par value of $1,00

0. What is their current yield
Business
1 answer:
Lera25 [3.4K]3 years ago
8 0

Answer:

7.39%

Explanation:

The Current Yield = Annual Coupon / Current Price *100

= $85 / $1150 * 100

= 7.391304348%

= 7.39%

Hence, the correct answer is 7.39%

You might be interested in
Widgets Inc. is a vendor who supplies machine parts to an appliance manufacturing company. In return, Widgets Inc. relies on the
WARRIOR [948]

Answer:

external stakeholder

Explanation:

External Stakeholders are the individuals or the groups of the individuals who are outside a particular project or  business, but they can affect or they can be affected by the project or business.

In the case case study, Widgets Inc. acts as a vendor for the appliance manufacturing company by supplying machine parts. Widgets Inc. is outside the appliance manufacturing company but is affected by the company as its revenue depends on the appliance manufacturing company. Thus, Widgets Inc. is an external stakeholder for appliance manufacturing company.

4 0
3 years ago
Which employment scenario would not affect the economy adversely?
spayn [35]

i not sure but cyclical makes more sense.

7 0
3 years ago
Read 2 more answers
Business behavior determines the ethics of society.We can improve society's moral and ethical behavior by first making a commitm
valkas [14]

Answer: The correct answer is False.

Explanation:

Business behavior will not determine the ethics of society. Businesses can't be responsible to change the moral and ethical behaviors of a single person or an entire world. Only a person can change their own behavior. A society in whole can only be changed by each person acting upon their own free will.

If a business is not ethical, then they need to change the way they work and do business and lead by example.

7 0
3 years ago
Find the amount of money in a savings account after 5 years if you deposit $400 at 1.5% interest compounded
zimovet [89]

Answer:

3.5%

Explanation:

it maks sence, duh.

7 0
3 years ago
Luebke Inc. has provided the following data for the month of November. The balance in the Finished Goods inventory account at th
Sliva [168]
D.
221,500 why? because thats the answer
3 0
3 years ago
Read 2 more answers
Other questions:
  • You are planning to purchase displays for your store which has 2,400 sq ft of selling space. Each display has a footprint of 10
    8·2 answers
  • In Year 1, Rona Corp. issued 5,000 shares of $10 par value common stock for $100 per share. In Year 7, Rona reacquired 2,000 sha
    7·1 answer
  • Which of the following typically has the lowest fees or cost to use?
    5·1 answer
  • Facing stiff competition in the e-reader market, Sumac Industries wants to protect its competitive advantage by increasing the p
    13·1 answer
  • American Chip Corporation’s reporting year-end is December 31. The following is a partial adjusted trial balance as of December
    14·1 answer
  • Gilmore, Inc. recently embarked on an effort to increase coordination and cooperation within the company. During the process, Gi
    9·1 answer
  • Paradise Realty Co. pays weekly salaries of $45,500 on Friday for a five-day workweek ending on that day. a. Journalize the nece
    5·1 answer
  • The following transactions are for Kingbird Company.
    9·1 answer
  • Intel buys a manufacturing machine for $100,000 for use in making computer processors. The company also paid 7% ($7,000) sales t
    6·1 answer
  • Firms are more likely to effectively leverage their technologies in new markets if they identify new applications of the technol
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!