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yulyashka [42]
4 years ago
7

Orlando Inc. offers a bond with a coupon of 6.5% with semiannual payments and a yield to maturity of 6.99%. The bonds mature in

8 years and have a par value of $1,000. Compute the market price of the bond.
a. $1,393.21.b. $1,024.05.c. $1,363.56.d. $970.36.e. $1,577.15.
Business
1 answer:
Fudgin [204]4 years ago
7 0

Answer:

d. $970.36

Explanation:

The market price of the bond (Pv) can be calculated as follows :

Pmt = ($1,000 × 6.5%) ÷ 2 = $32.50

P/yr = 2

i = 6.99%

n = 8 × 2 = 16

Fv = $1,000

Pv = ?

Using a Financial calculator to enter the values as above, the market price of the bond (Pv) is $970.3583 or $970.36.

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With relationship selling the salesperson would spend most of his or her contact time with the prospect talking about the produc
Vadim26 [7]

True, With relationship selling the salesperson would spend most of his or her contact time with the prospect talking about the product, hoping to close the sale.

<h3>What is the difference between relationship selling and consultative selling?</h3>

The difference between relationship selling vs. consultative selling is that relationship selling consists of building a relationship with a customer over a long time and then relying on that relationship for sales as opposed to short-term gains and creating an interest in the customer in consultative selling

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4 0
2 years ago
Labor productivity on the Cleveland Tools Inc. assembly line was 33 units per hour in 2019. In 2020, labor productivity was 35 u
elena-14-01-66 [18.8K]

Answer:

Productivity Growth = 6.1%

Explanation:

Productivity Growth = Current Productivity - Previous Productivity/ Previous Productivity

Productivity Growth = 35-33/33=2/33= 0.0606 or 0.061*100= 6.1%

Productivity Ratio =  Output/ Input

Labor Productivity=  No of Units/ No of Employees

A preferable approach to productivity measurement is to record multiple physical measures that capture the most important determinants of a company's productivity.

7 0
3 years ago
LO 3.1A company’s product sells for $150 and has variable costs of $60 associated with the product. What is its contribution m
Pavel [41]

Answer:

$90

Explanation:

The formula and the computation of the contribution margin per unit are presented below:

Contribution margin per unit = Selling price per unit - variable cost per unit

                                               = $150 - $60

                                               = $90

If we deduct the variable cost per unit from the selling price per unit, then the contribution margin per unit can arrive

We only considered the selling price and the variable cost per unit

3 0
3 years ago
Jim wants to buy a computer. the total cost is $1,180. if he can save $60 a month, how long will it take for him to save up for
Vinil7 [7]
19.66666 or 20 if you are rounding
4 0
3 years ago
shelly is 3 years older than Michele. four years ago the sum of their age was 67. find the age of each person now.
mash [69]
This was 4 years ago - 32 Michele - 35 Shelly
Now - Michele is 36, Shelly is 39

7 0
3 years ago
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