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
Eva8 [605]
3 years ago
5

Yield to maturity: Rudy Sandberg wants to invest in four-year bonds that are currently priced at $868.43. These bonds have a cou

pon rate of 6 percent and pay semiannual coupon payments. What is the current market yield on this bond
Business
1 answer:
podryga [215]3 years ago
8 0

Answer:

The answer is 10.08%

Explanation:

Yield to maturity is the rate of return a bondholder(investor) is expecting on its bond(investment) from the bond issuer.

N(Number of years)= 8 years (4x 2)

I/Y(Yield to Maturity) = ?

PV(Present Value) = $868.43

PMT(Payment) = $30(6% of $1,000 ÷ 2)

FV(Future value) = $1,000

Using Financial calculator:

The yield-to-maturity is 5.04%

5.04%(semi annual)

Annual YMT = 5.04% x 2

=10.08%

You might be interested in
Ray kroc first became involved with mcdonalds as a salesman selling what item to the restaurant chain?
denis-greek [22]
Ray kroc first became involved with mcdonalds as a salesman selling : Milkshake - mixer
He became fascinated by the possibilities that Mcdonalds could offer and became the first one who propose to make McDonalds became a franchise

hope this helps
7 0
3 years ago
Reuse of large amounts of copyrighted film in a documentary would not constitute a copyright infringement.
KATRIN_1 [288]

Answer:

B. False

Explanation:

I majored in Business

3 0
3 years ago
The world is the house of all relatives.explain it.​
GuDViN [60]

Explanation:

would is our house.

all peoples that live on this earth they are our relatives.

all peoples and animals are our family.

all are our brothers and sisters.

I love this world.

we have to always give respect to our parents, teacher and all elders.

The world is the house of all our relatives' simply means that the world belongs to each one of us and that we are a one big family. Everyone is bonded by the fabric of life and that makes us all alike and related.

This line denotes the idea that every single person on earth is connected to one another in one way or the other. No man is stranger because if we look closely, we are all from the same genus.

It is important that we treat each other respectfully and dearly for we are all a part of one big family.

8 0
2 years ago
What is judiciary and executive?<br>​
Naya [18.7K]
Judiciary is the judicial authorities of a country; judges collectively.
Executive is the person or branch of a government responsible for putting policies or laws into effect.
3 0
3 years ago
Briefly explain the responsibilities of each of the following agencies.
cricket20 [7]
A) FTC- investigates and prevents unfair methods of competition and prevents deceptive acts affecting commerce.

B) CPSC- works to reduce the risk of injuries and death from consumer products.

C) EPA- responsible for creating standards and laws promoting the health of individuals and the environment.
8 0
4 years ago
Other questions:
  • Anthony would like to have his brokerage firm handle more of his financial needs because he has been pleased with the service pr
    6·1 answer
  • What is credit?............
    11·2 answers
  • Investment properties corporation conveys an office building to bob with a deed that makes the greatest number of warranties and
    15·1 answer
  • Choose the option that best matches the description given.
    10·2 answers
  • Your firm needs to invest in a new delivery truck. The life expectancy of the delivery truck is five years. You can purchase a n
    13·1 answer
  • The City of San Diego is about to replace an old fire truck with a new vehicle in an effort to save maintenance and other operat
    12·1 answer
  • Adriana Corporation manufactures football equipment. In planning for next year, the managers want to understand the relation bet
    14·1 answer
  • Strategic positioning attempts to achieve sustainable competitive advantage by ______.
    15·1 answer
  • stakeholders and their roles, responsibilities, and level of influence in upholding sustainable business operations
    6·1 answer
  • Patsy banz owns 220 shares of a stock. for the last calendar quarter, the company paid a dividend of $0.47 a share. what is the
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!