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
pav-90 [236]
3 years ago
8

The Arnold National Bank has a bond portfolio that consists of bonds with 5 years to maturity and a 9% coupon rate. These bonds

are selling in the market for $1126. Coupon payments are made annually on this bond. What is the yield to maturity on these bonds?

Business
1 answer:
Kay [80]3 years ago
5 0

Answer:

6.01%

Explanation:

We use the RATE formula to determine the yield to maturity that is shown in the attachment

Given that,  

Present value = $1,126

Assuming figure - Future value or Face value = $1,000  

PMT = 1,000 × 9% = $90

NPER = 5 years

The formula is shown below:  

= Rate(NPER,PMT,-PV,FV,type)  

The present value come in negative

Therefore, the yield to maturity is 6.01%

You might be interested in
Garda purchased $530,000 of merchandise in August and expects to purchase $670,000 in September. Merchandise purchases are paid
pashok25 [27]

Answer:

$579,000

Explanation:

The cash payment in September would be made of 35% purchases in September and 65% of the purchase made in August (the previous month).

Hence

Cash payment in September = (35% × $670,000) + (65% × $530,000)

= $579,000

the cash payment for September is $579,000

3 0
4 years ago
If the price of textbooks increases by one percent and the quantity demanded falls by one-half percent, then the price elasticit
inn [45]
Hello Sir!! 
-
-
It is equal to the price of textbooks depending on the price. Multiply and divide the one-half percent and don't forget to add pi. I could help you with anything if you want. Just feel free to ask more questions on brain.ly or direct message me here. My username is Mcsugarface if you did not know. :) Sending love from Chihuahua, Mexico!! <333333
3 0
4 years ago
Everything else held constant, when prices in the art market become more uncertain:______.
Ira Lisetskai [31]

the demand curve for the bonds shifts to the left and the interest rate rises

when the market is volatile , then the risk associated with the bond is very high . there is an inverse relation ship between risk and demand. when the risk is high, the demand for the bond decrease and the demand curve shifts to the left. also there is an inverse relation ship between the demand and interest rate. hence, when the demand decrease , the interest rate on the bond rises

the explanation for correct option because of an inverse relationship between the risk demand and demand interest rate, the interest rate cant fall when the demand curve shift to the left and when the risk is high , the demand curve shifts to the left only, not to the right .

Learn more about demand curve here.

brainly.com/question/28203108

#SPJ4

8 0
2 years ago
Fred is working on a new storage system for his organization. He needs it to provide storage for the entire private cloud in the
vivado [14]

Answer:

a. SAN

Explanation:

Cloud computing can be defined as a type of computing that requires shared computing resources such as cloud storage (data storage), servers, computer power, and software over the internet rather than local servers and hard drives.

Generally, cloud computing offers individuals and businesses a fast, effective and efficient way of providing services.

iSCSI is simply an acronym for Internet Small Computer Systems Interface and it is typically an internet protocol (IP) with respect to a storage area network (SAN) standard used essentially for connecting data storage facilities over a transmission control protocol and internet protocol (TCP/IP).

A storage area network (SAN) can be defined as a high-speed computer network that is specially designed to avail end users the ability to access consolidated, block-level data storage. Thus, storage area network (SAN) typically connects network servers to data storage.

Hence, Fred is most likely to deploy a storage area network (SAN) in this scenario, to provide storage for the entire private cloud in the data center.

3 0
3 years ago
Assume the smart watch industry is a perfectly competitive industry that uses a specialized input. If this industry experiences
RideAnS [48]

Answer:

Option B, both input and output prices will increase

Explanation:

Since the demand far smart watches is increasing, the price of watches will escalate to cater the opportunity cost. With the rising demand for smart watch, the demand for specialized input will also increase. Considering the growth in demand for specialized input, its cost shall also escalate to take the benefit of opportunity. Along with raw material, variable costs such as transportation, manpower, electricity etc.  will also increase both in input (bringing raw material and producing final product) and output (export of the final product)

In nut shell, both the input and output price will increase.

5 0
3 years ago
Other questions:
  • 1. pasar la aspiradora 2. arreglar la sala 3. barrer el sótano 4. lavar la cafetera 5. no ensuciar el piso de la cocina
    13·1 answer
  • Which of the following statements is CORRECT?
    5·1 answer
  • He allowance method of estimating uncollectible accounts receivable based on an analysis of receivables shows that $640 of accou
    13·1 answer
  • Perfect competition is characterized by all of the following except A. homogeneous products. B. sellers are price takers. C. hea
    6·1 answer
  • On March 1, 2016, Beldon Corporation purchased land as a factory site for $60,000. An old building on the property was demolishe
    15·1 answer
  • At the beginning of Year 1, Trey Inc., purchased a machine with a total acquisition cost of $33,000. The machine has an estimate
    13·1 answer
  • Mary's Music Store reported net income of $149,000. Beginning balances in Accounts Receivable and Accounts Payable were $28,500
    13·1 answer
  • What is bureaucracy ​
    7·1 answer
  • Samwell Subaru, a Dallas based car dealership, delivers every month two different 6-month sales forecasts to manufacturing headq
    12·1 answer
  • Other things remaining the same, if the price of a , budget line ______. other things remaining the same, if budget for and , bu
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!