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BARSIC [14]
3 years ago
10

McConnell Corporation has bonds on the market with 12.5 years to maturity, a YTM of 7.3 percent, a par value of $1,000, and a cu

rrent price of $1,057. The bonds make semiannual payments. What must the coupon rate be on these bonds?
Business
1 answer:
Alex777 [14]3 years ago
8 0

Answer:

Coupon rate will be 3.08%

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Answer:

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3 years ago
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7 0
4 years ago
Read 2 more answers
acc 340 Checkers uses the periodic inventory system. For the current month, the beginning inventory consisted of 7,200 units tha
LenaWriter [7]

Answer:

$113,700

Explanation:

Last in first out (LIFO) is an inventory management method, in which the cost of the most recent product bought are the first to be charged to expenses.

With regards to the above question, we'll have;

Inventory sold = (12,000 × $13.5) + (900 × $13) = $173,700

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8 0
3 years ago
In january 2010 a gallup poll asked a random sample of adults, "in general, are you satisfied or dissatisfied with the way thing
daser333 [38]
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4 0
3 years ago
Henry Garrison starts the month with a balance on his credit card of $1,130. The average daily balance for the month, including
hoa [83]

Answer:

Interest expense $ 11.15

Explanation:

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3 0
4 years ago
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