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Maslowich
3 years ago
11

Gabriele Enterprises has bonds on the market making annual payments, with eight years to maturity, a par value of $1,000, and se

lling for $948. At this price, the bonds yield 5.1 percent.What must the coupon rate be on the bonds?(please show how to do with a financial calculator)
Business
1 answer:
Elena-2011 [213]3 years ago
4 0

please find the attached for an explanation

Download docx
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CAN SOMEONE HELP ME PLEASE? I ATTACHED THE QUESTION <br> THANKS!!!
Aleks [24]

Answer:

The formula for each month is described below:

January +(B2*31*C2)+(B2*$A$12)

February +(B2*29*C2)+(B2*$A$12)

March +(B2*31*C2)+(B2*$A$12)

April +(B4*30*C4)+(B4*$A$12)

May +(B3*31*C3)+(B3*$A$12)

Explanation:

The formula matches the requirements for each individual month as number of days change accordingly and $A$12 determines the fixed transport cost the other variables are the number of boxes and the cost per box.

5 0
3 years ago
A cosmetics company is planning the introduction and promotion of a new lipstick line. The marketing research department has fou
Bad White [126]

Answer is in the attachment

6 0
3 years ago
Marina, Inc., acquires 1 million shares of its own $1 par value common stock at $70 per share. It later resells the 1 million sh
Archy [21]

Answer:

c. credit to Additional Paid-in Capital

Explanation:

The journal entry to record the difference is shown below:

Cash A/c Dr $75 million

      To Treasury stock A/c $70 million    (1 million shares × $70 per share)

      To Additional paid in capital - in excess of par $5 million

(Being the issuance of treasury stocks is reported and the amount remaining is credited to the additional paid-in capital account)

3 0
2 years ago
Assume your required internal rate of return on similar investments is 11 percent. What is the net present value of this investm
Ksivusya [100]

Answer:

Hello some parts of your question is missing attached below are the missing parts

You are considering the purchase of a small income-producing property for $150000 that is expected to produce the following net cash flows

End of year           cash flow

1                                 $50000

2                                $50000

3                                $50000

4                                $50000

Answer : a) $5122.28  (b)  12.59%  (c) You should make the investment

Explanation:

Internal rate of return = 11 %

initial cash flows = $150000

period = 4 years

Find the NPV (net present value )( using present value tables)

= preset value of cash flows - initial cash flows

= ∑ present cash flows for 4 years - $150000

= $155122.28 - $150000 = $5122.28

The going-in internal rate of return on investment

N (number of years ) = 4

pv  ( present value ) = $150000

PMT = -$50000

Fv ( future value ) = 0

IRR = 12.59% ( making use of the cash flow list in our financial calculator )

8 0
3 years ago
Kathleen Taylor is a high school student who has been investigating the possibility of mowing lawns for a summer job. She has a
djverab [1.8K]

Answer:

Kathleen Taylor

a. The break-even lawns she needs to mow is:

= 31.25 lawns.

b. She can then expect to make $4,320 in Service Revenue and $2,304 in net income.

c. She should not lower her price.

Explanation:

a) Data and Calculations:

Cost of equipment = $500

Cost per lawn = $14

Price per lawn = $30

Contribution per lawn = $16 ($30 - $14)

Break-even point = $500/$16

= 31.25 lawns

Available period = 8 weeks

Number of lawns per day = 3

Working days per week = 6

Number of lawns per week = 18

Number of lawns for the period = 144 (18 * 8)

She can then expect to make $4,320 in Service Revenue and $2,304 in net income.

Number of lawns for the period = 192 (4 * 6 * 8)

Service revenue = $4,800 (192 * $25)

Net income = $2,112 (192 * $11)

4 0
3 years ago
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