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
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%

You might be interested in
In preparation for developing its statement of cash flows for the year ended December 31, 2016, Millennium Solutions, Inc., coll
kirza4 [7]

Answer:

$7 million

Explanation:

Investing activities: it monitors the operations that include buying and selling long-term assets. The buying is a cash outflow, while the selling is a cash inflow

The computation of the net cash flows is shown below:

Cash flow from Investing activities  

Proceeds from sale of equipment $8 million

Acquisition of building for cash -$7  million

Purchase of marketable securities (not a cash equivalent) -$5 million

Collection of note receivable only principal amount $11 million

Net Cash flow from Investing activities $7 million

4 0
3 years ago
""The question remains: How many guns are necessary to maintain a high level of security for the U.S., and how much butter can t
jenyasd209 [6]

Answer:

social welfare spending (education, hospitals, housing, schools, etc.).

Explanation:

This quote deals with the problem of the ever increasing cost of national defense versus the welfare of the citizens. The US spends more money on national defense than any other country in the world, around 37% of the total military budget of the world. It also represents 15% of the total federal budget and almost half of all discretionary spending.

That is a lot of money to be distributed among a small number of private firms. Usually Republicans tend to favor a large army, but Democrats never lower their budget either. The largest military contractors are Lockheed Martin, Boeing and Raytheon. They are all located in blue states, actually Maryland currently has a Republican governor but both their senators are democrats as well as most of the representatives. Boeing has its headquarters in Washington State and Raytheon in Massachusetts. These aren't blue states, they are indigo states.

But as the military budget increases and the power of military contractors also increases, who will dare to stop them. Military spending is much higher than welfare spending, even if you throw in Medicaid into the equation ($1.6 trillion vs $1 trillion).

The question really is, are guns more important than the well being of our citizens? I guess it depends who you ask.

3 0
3 years ago
Which word doesn't belong: departments, organizations, work group, team, or task force?
kramer
Departments because all of the other relate to work and this word is not related to work.
3 0
3 years ago
Altima, Inc. finished Job A40 on the last working day of the year. It utilized $ 360 of direct materials and $ 2 comma 030 of di
Anastasy [175]

Answer:

C. debit to Finished Goods Inventory $ 3 comma 202 and a credit to Work minus Process Inventory $ 3 comma 202

Explanation:

The journal entry is shown below:

Finished goods inventory A/c Dr $3,202

             To Work in process inventory A/c $3,202

(Being the job is completed)

The computation is shown below:

= Direct material cost + Direct labor cost + manufacturing overhead cost

= $360 + $2,030  + $2,030 × 40%

= $360 + $2,030 + $812

= $3,202

3 0
3 years ago
A country produces only one good. It produced​ 5,000 units of the good during Year 1 and​ 6,000 units of the good in Year 2. The
Veseljchak [2.6K]

Answer:

.A) $1, 920,000

Explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.

Nominal GDP is the GDP of country using current year prices

Nominal GDP = current year price × quantity

(6000 × 320) = $1,920,000

I hope my answer helps you

3 0
3 years ago
Other questions:
  • The market price of cheeseburgers in a college town increased recently, and the students in an economics class are debating the
    8·1 answer
  • A customer came to your department with an urgent question. You promised her that you wouldcollect information about her questio
    13·1 answer
  • Income Statement. A firm’s income statement included the following data. The firm’s average tax rate was 20%. (LO3-1) Cost of go
    11·1 answer
  • In May and June, Tammy spent all her clothing budget on bathing suits and beach bags. Each bathing suit cost $75. At Tammy’s opt
    11·1 answer
  • Suppose you sold a futures contract on gold 3 months ago when the futures price was $1,350 per ounce. Each contract is on 100 ou
    15·1 answer
  • A paint manufacturing company has three factories located in France, Germany, and Spain. The productivity data of the factories
    5·1 answer
  • Marigold Corp. bought a machine on January 1, 2011 for $806000. The machine had an expected life of 20 years and was expected to
    12·1 answer
  • Between 2000 and​ 2020, the U.S. government budget deficit
    8·1 answer
  • The primary benefit of in-house banking as used by a major corporation is: Group of answer choices Improved visibility and contr
    15·1 answer
  • Certain business processes are copyrightable. <br> a) true <br> b) false
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!