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g100num [7]
2 years ago
15

Sweet Sue Foods has bonds outstanding with a coupon rate of 5.02 percent paid semiannually and sell for $1,948.34. The bonds hav

e a par value of $2,000 and 17 years to maturity. What is the current yield for these bonds
Business
1 answer:
Minchanka [31]2 years ago
5 0

Answer:

5.15%

Explanation:

Following data provided in the question

Coupon rate = 5.02%

Present value of the bond = $1,948.34

Par value = $2,000

Time period = 17 years

By considering the above information, the current yield on the bond is

= (Par value × coupon rate interest) ÷ (Present value of the bond)

= ($2,000 × 5.02%) ÷ ($1,948.34)

= 5.15%

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3 years ago
Ultimate Sportswear has $100,000 of 8 noncumulative, nonparticipating, preferred stock outstanding. Ultimate Sportswear also has
andrew-mc [135]

Answer:

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Explanation:

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The company can also ensure to keep the information and data of the shoppers safe on their website.

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Based on the item and comparable searches made by consumers looking for similar kinds of things, Amazon can offer a set of recommendations and ideas. It is possible to track drones that have been assigned to deliver products online.

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Read 2 more answers
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