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sukhopar [10]
3 years ago
7

You purchased a 5-year annual interest coupon bond one year ago. Its coupon interest rate was 6% and its par value was $1,000. A

t the time you purchased the bond, the yield to maturity was 4%. If you sold the bond after receiving the first interest payment and the bond's yield to maturity had changed to 3%, your annual total rate of return on holding the bond for that year would have been approximately _________.
Business
1 answer:
tia_tia [17]3 years ago
5 0

Answer:

7.57%

Explanation:

Calculator entries for purchase price are N = 5, I/Y = 4, PMT = 60, FV = 1,000, CPT PV Picture 1,089.04

Calculator entries for ending price are N =4, I/Y = 3, PMT = 60, FV = 1,000, CPT PV Picture 1,111.51

Total ending cash = 1,111.51 + 60 = 1,171.51

HPR= (1,171.51/1,089.04) - 1 = 7.57%

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The crime prevention strategy used in the movie Minority Report was based on reports of future crimes given to investigators by
ruslelena [56]

Answer:

Actus Reus

Explanation:

Actus Reus is action which constitutes a crime rather than mental state of the criminal. For an accused to charge with crime there should be proof and presence of Actus Reus. In absence of any strong evidence the accused can not be charged with criminal charges.

3 0
3 years ago
RESPA was developed to help buyers understand settlement processes and costs. Select one: a. True b. False
Anna71 [15]

This is true that RESPA was developed to help buyers understand settlement processes and costs.

<h3>What is RESPA?</h3>

In order to give homebuyers and sellers accurate settlement cost disclosures, the U.S. Congress passed the Real Estate Settlement Procedures Act (RESPA) in 1975. RESPA was also developed in order to limit the usage of company accounts, forbid kickbacks, and remove abusive tactics in the real estate settlement process. The Consumer Financial Protection Bureau is now in charge of enforcing the federal law known as RESPA (CFPB).

Hence, The Real Estate Settlement Procedures Act (RESPA) aims to lower mortgage interest by doing away with referral fees and kickbacks while also improving disclosures of settlement costs to customers.

To know more about RESPA refer to: brainly.com/question/13577082

#SPJ4

4 0
2 years ago
What is the last step in finding a solution to a problem?
sashaice [31]

Answer: d

Explanation: hope it helps

4 0
3 years ago
Read 2 more answers
Your operations and management plan defines the
Korolek [52]

The answer is C (I think)


6 0
3 years ago
The specific identification method of costing inventories is used when the company sells large quantities of relatively low-cost
Mila [183]

Answer:

company sells a limited quantity of high-unit cost items.

Explanation:

A specific identification method can be defined as a method used for determining the ending inventories cost.

Basically, this type of method for costing inventories typically involves doing a well-detailed physical count of each goods bought on a specific date or a particular period of time, so as to determine the exact number of goods remaining by the end of the year's inventory. Therefore, each of the goods purchased are tagged with their unit price and any other additional charges.

Hence, the specific identification method of costing inventories is used when the company sells a limited quantity of high-unit cost items.

7 0
3 years ago
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