Answer:
Coupon rate is 7.41%
Explanation:
Using the price formula , the yield to maturity can be calculated first of all:
Bond price=coupon interest /yield to maturity
Bond price is $1080
coupon interest is 8%*$1000=$80
$1080=$80/yield to maturity
$1080*yield to maturity=$80
yield to maturity=$80/$1080
=7.41%
However if the price of the bond becomes the par value, the coupon rate can be calculated thus:
$1000=coupon payment/7.41%
coupon payment =$1000*7.41%
coupon payment=$74.1
coupon rate=$74.1/100=7.41%
Answer:
20%
Explanation:
Public Limited Companies pay Corporation tax rates, currently set at 20%, on their taxable profits. There are also tax-deductible costs and allowances that can be offset against the company profits for even greater tax savings.
Answer:
A
Explanation:
The European segment will demand more unit because of high management and development
6 times 5 is 30 the answer would be 6%