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Vlad1618 [11]
3 years ago
9

A four-year bond has an 8% coupon rate and a face value of $1000. If the current price of the bond is $878.31, calculate the yie

ld to maturity of the bond (assuming annual interest payments). Group of answer choices
Business
1 answer:
k0ka [10]3 years ago
7 0

Answer:

Yield to maturity =11.75%

Explanation:

The yield to maturity to Maturity van be worked out using the formula below:

YM =( C + F-P/n)  ÷  ( 1/2× (F+P))

C- annual coupon,

F- face value ,

P- current price,

n- number of years to maturity

YM - Yield to maturity

C- 8%× 1000 = 80, P- 878.31, F- 1000

AYM =  80 + (1000-878.31)/4  ÷  1/2×  (1000+878.31)

        = 110.4225    ÷ 939.155

       = 11.75%

Yield to maturity =11.75%

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The answer is C. Renters' insurance is an excellent idea for tenants. But the decision to purchase is up to the renters. There are many options for coverage levels and companies available. The landlord should have property insurance, but the renter should also have their own insurance to cover their belongings.
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Answer:

Explanation:

Postage expense.           1320

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miscellaneous exp.           150

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note that pettty cash is only debited or credited when you are increasing Or decreasing the petty cash fund. This entry appears to be only replenishing the petty cash account.

4 0
2 years ago
the total estimated cost of attending a public year to year college is 2265. The cost of attending a college is expected to incr
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8 0
2 years ago
Truman Co. sells a large number of common household items, while Stapleton sells a small number of expensive items. The two comp
slava [35]

Answer:

Truman has a higher inventory turnover ratio and Stapleton has a higher gross profit ratio ( D )

Explanation:

Truman sell a large number of common household items ( assuming 100 unit )

while Stapleton sells a small number of expensive items ( assuming 20 units )

lets assume : Truman sells at $5 per unit and Stapleton sells at $50 per unit

with the above assumptions

Truman gross profit ratio = $5 * 100 units = $500

Stapleton gross profit ratio = $50 * 20 units = $1000

from the above assumptions you can deduce that the gross profit made by Stapleton is higher although he sells a smaller amount of goods while Truman has a higher Turnover because of its higher number of sold units

4 0
3 years ago
"If the top two companies in the golf club industry merged, their new market share would equal 15% of the market. This industry'
Yakvenalex [24]

Answer:

Yes, the FTC would ignore the merger and allow it to go through.

Explanation:

here are the options to the question ;

O No, the FTC would probably challenge the merger

O Maybe. The FTC would scrutinize the merger and make a case-by-case decislon.

Yes, the FTC would ignore the merger and allow it to go through.

HHI is used to calculate market power.

if the HHI index is less than 1000 post merger, the merger would be allowed to go through.

If the HHI index is between 1000 - 1800 post merger and the change in HHI is more than 100 after the merger, The FTC would scrutinize the merger and make a case-by-case decislon.

If the HHI index is more than 1800 post merger and the change in HHI is more than or equal to 50, he FTC would probably challenge the merger

4 0
3 years ago
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