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Scilla [17]
3 years ago
9

A 15 year, $1,000 par value bond has an 8% semi-annual payment coupon. The bond currently sells for $925. if the yield to maturi

ty remains at it's current rate, what will the price be 5 years from now?
Business
1 answer:
Monica [59]3 years ago
7 0

Answer:

Explanation:

First, find the YTM of the bond using the following inputs on a financial calculator;

N = 15*2 = 30 semiannual payments

PV= -925

Semiannual coupon payment; PMT = (8%/2)*1000 = 40

FV = 1,000

then CPT I/Y = 4.458%

Annual rate = 4.458% *2 = 8.92%

Next, use the YTM above and change the time to maturity to (15-5 )= 10 years or 20 semiannuals. Therefore, the price at year 5 will be as follows;

N = 10*2 = 20

Semiannual coupon payment; PMT  = 40

FV = 1,000

Semiannual rate; I/Y = 4.458%

then CPT PV = 940.206

The price at year 5 will be $940.21

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North Side Wholesalers has sales of $948,000. The cost of goods sold is equal to 68 percent of sales. The firm has an average in
Masteriza [31]

Answer:

13 days

Explanation:

We are to calculate the days of inventory on hand.

Days of inventory on hand = number of days in a period/ inventory turnover

Inventory turnover = Cost of goods sold / average inventory

Cost of goods sold = 0.68 x $948,000 = $644,640

Inventory turnover = $644,640 / $23,000 = 28.027826

Days of inventory on hand = 365 / 28.027826 = 13.02 days

I hope my answer helps you

5 0
3 years ago
A Blank______ does not require consumers to do anything other than buy a ticket or fill out a form for a chance to win some type
svetoff [14.1K]

Sweepstakes does not require a consumer to purchase anything aside from the the ticket they will fill out for a chance to win prices.

<h3>What is Sweepstakes?</h3>

Sweepstakes is a form of gambling in which everyone involved in the contest pay a certain amount of money and the winner is awarded with a price or the money contributed.

Therefore, Sweepstakes does not require a consumer to purchase anything aside from the the ticket they will fill out for a chance to win prices.

Learn more about Sweepstakes below.

brainly.com/question/2033774

6 0
2 years ago
Advantages of installment paying
Fiesta28 [93]

Answer:Advantages of installment payment for your big-ticket spending

Installment allows you to spend smart. If you have the funds, you can always purchase and pay in full. ...

You can make unexpected purchases or payments without putting a dent on your budget. ...

You get to track your finances better. ...

It enables you to stretch the cost of your purchases over a manageable period of time

Explanation:

8 0
3 years ago
A stores new environmental policy (PLS HELP ASAP)
Marat540 [252]

The policy is not practical because it is not enforceable. Lots of shops or businesses will not practice this as it will scare customers away.

<h3>Why is the policy not fair?</h3>

The policy is not fair because throw away paper is recyclable while plastic bags are not. Hence people who use paper should not be charged as much as those who use plastic bags, if at all.

<h3>What is the saving due if a person brings their own container to bag their groceries?</h3>

They most likely wills save 5% on every purchase made.

<h3>Why are environmental policies important?</h3>

The goal of environmental law is to safeguard the

  • land,
  • air,
  • water, and
  • soil.

Infractions of these rules result in a variety of penalties, including fines, community service, and, in severe circumstances, jail time.

Without environmental regulations, the government would be unable to penalize people who harm the environment.

Learn more about environmental policies:

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#SPJ1

3 0
2 years ago
If the unemployment rate is 9 percent and the natural rate of unemployment is 5 percent, then the:___________. A. frictional une
professor190 [17]

Answer:

C. cyclical unemployment rate is 4 percent.

Explanation:

The cyclical unemployment is associated with business cycles of recessions and expansions. The actual unemployment rate is given by the natural rate of unemployment added to the cyclical unemployment rate. In this case, the cyclical unemployment rate is:

C = 9\%-5\% = 4\%

The answer is C. cyclical unemployment rate is 4 percent.

6 0
4 years ago
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