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Roman55 [17]
3 years ago
10

Grossnickle Corporation issued 20-year, noncallable, 7.5% annualcouponbonds at their par value of $1,000 one year ago. Today, th

e market interest rate on these bonds is 5.5%. What is the current price of the bonds, given that they now have 19 years to maturity?
Business
1 answer:
kicyunya [14]3 years ago
4 0

Answer:

current price of the bond is $1,232.15  

Explanation:

given data

time N = 20 year

annual coupon bonds = 7.5%

future value = $1,000

interest rate = 5.5%

NPER = 19 year

solution

we will use here Present value formula to get current price of the bond.

so here PMT will be

PMT = future value × rate

PMT = 1000 × 7.5 %

PMT =  $75

so we use here formula in excel that is

= -PV(Rate,NPER,PMT,FV,type)

put here value and we get

after solving we get current price of the bond is $1,232.15  

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tankabanditka [31]

Answer:

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Current liabilites        120.000,00

WORKING CAPITAL 180.000,00

Explanation:

Working capital, also known as net working capital (NWC), is the difference between a company’s current assets, such as cash, accounts receivable (customers’ unpaid bills) and inventories of raw materials and finished goods, and its current liabilities, such as accounts payable

8 0
3 years ago
suppose a worker quits her job in order to look for new work. after a week or two of looking, she finds a new job. during her br
Alinara [238K]

Suppose a worker quits her job in order to look for new work. after a week or two of looking, she finds a new job. during her brief job search, she experienced frictional unemployment

<h3>What is frictional Unemployment</h3>

Frictional unemployment occurs when an individual is temporarily unemployed as a result of searching for new or better job.

This is a time of transition usually from an existing job to a new one.

Therefore, Suppose a worker quits her job in order to look for new work. after a week or two of looking, she finds a new job. during her brief job search, she experienced frictional unemployment

Learn more on frictional unemployment below,

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3 0
2 years ago
g Given the information below: ASSETS LIABILITIES Cash and cash equivalents $10,000 Current debts for the year $15,000 Other liq
artcher [175]

Answer:

The solvency ratio is closest to: B. 33%.

Explanation:

<em>The solvency ratio = After tax Net Operating Income ÷ Total Debt</em>

Thus,

The solvency ratio = $75,000 ÷ ($15,000 + $200,000)

                               = 35.88%

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6 0
3 years ago
As organizations expand into global markets, business communicators need to become aware of their own culture and how it differs
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Answer:

1. Robust middle class growth

2. Technological advancements

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Technological advancements in the second question would be the only cause of better technologies such as the use of video teleconferencing in the example

The people in this country would not like the listed options as shown here

7 0
3 years ago
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I'm guessing this is True or False
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