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
Alecsey [184]
3 years ago
7

Devine divots issued a bond a few years ago. the bond has a face value equal to $1,000 and pays investors $30 interest every six

months. the bond has eight years remaining until maturity. if an investor requires a 7 percent rate of return to invest in this bond, what is the maximum price the investor should be willing to pay to purchase the bond? (round the answer to two decimal places.)
Business
1 answer:
masya89 [10]3 years ago
3 0
$939.53

is the answer.

Hope this helps
You might be interested in
Harris, Inc. incurred the following transactions during the month of February. Record the appropriate ones in the cash payments
Norma-Jean [14]

Answer: The answer has been attached below

Explanation:

A journal entry is the act of making records of any transactions. The transactions are listed in a way that shows the company's debit and credit balances.

It should be noted that:

February 3, the journal entry was recorded in supplies account debit ($650) and the account payable credit ($650).

February 26, the journal entry was recorded in equipment account debit was ($3000 + $4000) and the cash account credit ($3000) and the account payable credit ($4000).

Further entries has been recorded in the attached document.

7 0
4 years ago
You sell one Hewlett Packard August 50 call contract and buy one Hewlett Packard August 50 put contract. The call premium is $1.
swat32

Answer:

B. between $44.25 and $55.75

Explanation:

Calculation for Your strategy that will pay off if the stock price is in August.

Positive profit in the range= $50 - ($1.25 + $4.50)

Positive profit in the range=$44.25

Positive profit in the range=$50 + ($1.25 + $4.50)

Positive profit in the range=$55.75

6 0
3 years ago
Why variable costing and absorption costing net operating incomes may not be the same
kramer

Answer:

When units produced are greater than units sold, i.e., units in inventory increase, absorption income is greater than variable costing income because absorption costing defers a portion of fixed manufacturing costs in finished goods inventory.

<h2>Please mark me as brainliest</h2>

5 0
3 years ago
Which of the following is the best definition of marketing?
vredina [299]

Answer: Marketing is an organizational function and a set of business activities designed to make profits.

Explanation:

3 0
3 years ago
Many customers have visited Patty’s Diner for decades because of the diner’s friendly service. Most customers feel that Patty’s
timurjin [86]

Answer: Strength.

Explanation:

SWOT analysis of a company is a study into the strength, weakness, opportunities and threats facing that company. At Patty's Diner, the friendly service is an area of strength which the restaurant uses to attract buyers to their shop. Hence Patty's Diner has to maintain the friendly service they render.

5 0
3 years ago
Read 2 more answers
Other questions:
  • The Electoral College makes the decision of electing the ________ of the United States. President, Senators, or ambassadors?
    9·2 answers
  • rion Iron Corp. tracks the number of units purchased and sold throughout each year but applies its inventory costing method at t
    6·1 answer
  • Tropicana orange juice has a television commercial where a young boy is drinking orange juice at dinner. He remarks that he like
    9·1 answer
  • What was Cody’s gross pay
    14·1 answer
  • Victor is calling on Meridian Cabinetworks. His goal is to close a deal for a customized profile sander valued at about $3,500.
    8·1 answer
  • Portions of the financial statements for Myriad Products are provided below. MYRIAD PRODUCTS COMPANY Income Statement For the Ye
    15·1 answer
  • A bank collects data on the savings and incomes of families to predict an expected increase in certificate of deposit accounts d
    8·1 answer
  • Cost behavior ______. Multiple select question. is the relative proportion of each type of cost in an organization is a detailed
    12·1 answer
  • Bond portfolio immunization techniques balance ________ and ________ risk. price; reinvestment price; liquidity credit; reinvest
    7·1 answer
  • Entrepreneurs are most likely to give up more equity in their businesses in the ________ phase of their companies than in any ot
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!