1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Natali5045456 [20]
3 years ago
14

Best Lodging has $1,000 face value bonds outstanding. These bonds pay interest semiannually, mature in 5 years, and have a 6 per

cent coupon. The current price $1,010. What is the yield to maturity?

Business
1 answer:
Julli [10]3 years ago
5 0

Answer:

5.77%

Explanation:

In this question, we use the rate formula which is shown in the spreadsheet.  

The NPER represents the time period.

Given that,  

Present value = $1,010

Future value = $1,000

NPER = 5 years × 2 = 10 years

PMT = (1,000 × 6%) ÷ 2 = 30

The formula is shown below:

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

The present value come in negative

So, after solving this, the answer would be 5.77%

You might be interested in
Purple Feet Wine, Inc., receives an average of $14,000 in checks per day. The delay in clearing is typically four days. The curr
Dominik [7]

Answer:

The correct answer is $56,000.

Explanation:

According to the scenario, the given data are as follows:

Average checks per day = $14,000

Days in clearing = 4 days

Interest rate = 0.018% per day

So, we can calculate the company's float by using following formula:

Company's Float = Average checks per day × Days in clearing

By putting the value in the formula, we get

Company's Float = $14,000 × 4

= $56,000

8 0
3 years ago
Conflict is ____.
riadik2000 [5.3K]

Answer:

A. unavoidable

Explanation:

Conflict is unavoidable because it doesn't matter what you do because other people could still cause conflict with you.

8 0
3 years ago
________ is a method of inventory costing in which all variable manufacturing costs (direct and indirect) are included as invent
goblinko [34]

Answer:

A) variable costing

Explanation:

acording to a citated text the variable costing excluded all fixed manufacturing costs is the Variable costing

4 0
3 years ago
The Ad Council of America creates an ad that shows teens in a car having fun while driving in the city. They are enjoying music
valentinak56 [21]

Answer:The idea of the Ad - do not text while driving

Explanation:

Texting and driving is dangerous – that is a fact. Americans are highly aware of and concerned about the issue. More than nine in ten Americans believe sending (94%) and reading (91%) texts while driving is dangerous or very dangerous. There have been many efforts to educate and convey the potential consequences of texting and driving using scare tactics or preachy messaging. And, while research shows that people are convinced that the behavior is dangerous, they are still doing it. In order to address the disconnect between awareness and behavior, the Texting and Driving Prevention campaign aims to go beyond showing people the potential crashes and gruesome end results.Texting while driving, also called texting and driving, is the act of composing, sending, reading text messages, email, or making similar use of the web on a mobile phone while operating a motor vehicle. Texting while driving is considered extremely dangerous by many people, including authorities, and in some places have either been outlawed or restricted. As a form of distracted driving, texting while driving significantly increases the chances that a driver will be involved in a motor vehicle accident.

4 0
3 years ago
The term supply chain is considered limited because it ________.
Zarrin [17]

Answer:

The correct answer is A) "takes a step-by-step, linear view of purchase-production-consumption activities"

Explanation:

The term supply chain is considered limited because it takes a step-by-step, linear view of purchase-production-consumption activities

Because consists of upstream and downstream partners to the company and suggests that raw materials, productive inputs, and factory capacity should serve as the starting point for market planning. A better term for this, would be the "demand chain"

3 0
3 years ago
Other questions:
  • Todd Corporation sold 4 million of its $1 par common shares at $6 per share. The company received net proceeds from the public o
    6·1 answer
  • Cathrine Corporation acquired a machine for $26,000, and has recorded depreciation for 3 yearsusing the straight-line method ove
    5·1 answer
  • Which concept refers to a state of normlessness that is kept in check by group membership?
    15·1 answer
  • Elly &Frank Valdez are thinking about buying a new house and financing it
    12·2 answers
  • In 2018, DFS Medical Supply collected rent revenue for 2019 tenant occupancy. For income tax reporting, the rent is taxed when c
    5·1 answer
  • TransWave International is a company that markets patented electronic sensors as an early warning device for locating potential
    7·1 answer
  • Zappos, the online shoe and clothing marketer, promises free shipping and free returns on any of its products, no questions aske
    13·1 answer
  • Como que frecuencia debe llevarse el registro de ingresos y gastos? ¿porque?
    11·1 answer
  • Matt and Sarah are selling their home and moving to a new neighborhood. Sarah is going to start college in the fall. She did NOT
    14·1 answer
  • Jose gross weekly salary as a logger is $630. He pays 6.2% Social Security tax, 1.45% Medicare tax, and $14.20 for health insura
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!