Given:
<span>bonds on the market with 19.5 years to maturity
</span><span>a yield to maturity of 6.6%,
current price of $1,043
face value of $1,000
YTM = Coupon payment / current price
6.6% = Coupon payment / 1,043
6.6% * 1,043 = Coupon payment
68.838 = coupon payment
Coupon rate = Coupon payment / Face Value
Coupon rate = 68.838 / 1,000
Coupon rate = 0.068838 or 6.88%
The coupon rate of DMA Corporation's bonds is 6.88%.
Regardless of its price in the market, each bond will have 68.838 annual interest payment or 34.419 semi annual payments.</span>
Answer:
reduce
Explanation:
Note that the bank has excess funds and thus wants to increase the number of available loans which in turn increases investment in the economy. For this strategy to work, the bank will reduce the interest rate it places on loans in order to entice its customers to procure the loans it offers.
For example, a bank that usually gives out 150 loans at 15% Interest rate may because of new banking policy and excess reserve decide to increase its loan capacity to around 300 loans per annum at an interest rate of 10%.
Answer:
Increased exposure to build endurance.
Explanation:
Occupational safety and health adminstration (OSHA) has given certain safety guidelines to be followed by management to protect worker from work hazard, which may occur in an unforseen condition.
Management commitment compliment the employee involvment as management commitment show, how serious is the management toward worker safety and protection, which create motivation at work place and also help in managing resources for health and safety. Then employee involvement help the orgaization to implement the safety measures.
Management can not take risk of work place hazard to increase exposure for employee, which may cause fatal incident.
Answer:
%decrease= 16.8%
Explanation:
Giving the following information:
Sales $51,300 (51,300/19= 2,700 units)
Less variable expenses= 32,400 ($12 per unit)
Fixed expenses 12,500
Operating profit $ 6,400
We have to maintain an operating profit of $6,400.
The fixed costs must decrease by an equal amount as the contribution margin. First, we need to calculate the decrease in the total contribution margin.
Decrease in contribution margin= 300 units* (19 - 12)= $2,100
Decrease in fixed costs= $2,100
%decrease= (2,100/12,500)*100= 16.8%
