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Snezhnost [94]
3 years ago
3

Yan Yan Corp. has a $2,000 par value bond outstanding with a coupon rate of 4.4 percent paid semiannually and 13 years to maturi

ty. The yield to maturity of the bond is 4.8 percent. What is the price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Business
1 answer:
kondaur [170]3 years ago
3 0

Answer:

$1,923.29

Explanation:

Price of the bond is its PV. Using financial calculator, key in the following inputs;

FV; Face value of a bond = 2,000

PMT; semi-annual coupon payment = (4.4%/2) *2,000 = 44

N; Total duration of investment = 13*2 = 26

I/Y; Semiannual interest rate in this case = 4.8% /2 = 2.4%

then CPT PV = 1,923.29

Therefore, the price of this bond is $1,923.29

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The Academic Computing Center has five trainers available in its computer labs to provide training sessions to students. Assume
kogti [31]

Answer:

87.72%

Explanation:

Calculation to determine the ratio of the utilization of the system to its efficiency

Using this formula

Ratio=Orientation session/Effective capacity of the Academic*100

Let plug in the formula

Ratio = (1,500 / 1,710) * 100

Ratio= 0.8772 * 100

Ratio= 87.72%

Therefore the ratio of the utilization of the system to its efficiency will be 87.72%

4 0
3 years ago
What is "principal"?
Gemiola [76]
The answer is D.
this is because principles are the total amount of money borrowed or invested.
5 0
3 years ago
Charismatic leaders are often _____ than transactional leaders.
hram777 [196]
I had a quiz like this back in 9th grade, even though what goes in the blank is less predictable. Glad to help :)
7 0
3 years ago
Pisa, Inc. leased equipment from Williamsburg Company under a four-year lease requiring equal annual payments of $68,830, with t
adoni [48]

Answer:

$54,639

Explanation:

the approximate amount of principal reduction when the second lease payment is made in Year 2 can be calculated by making the Lease amortization table as follows

DATA

Annual payments = 68,830

Implicit rate = 8%

Annuty factor for 4 years at 8% = 3.55710

Present value of lease payment =$246,212 (68830*3.57710 )

                                                      Year 1                Year 2

Opening balance                             -                      $177,382(w)

interest                                              -                      $14,191(w)

payments                                      $68,830             $68,830

principal payments                     $68,830              $54,639

closing balance                          $177,382(w)         $122,743

Working

Closing balance = Present value of lease payment - Annual payment

Closing balance = $256,212 - $68,830

Closing balance = $177,382

Interest = closing balance x implicit rate

Interest =  $177,382 x 8%

Interest = $14,190.56

7 0
4 years ago
Which of the following is true of a transnational​ strategy? A. Uses licensing extensively outside of the​ "home" country B. Use
solong [7]

Answer:

The correct answer is letter "D": Exploits the economies of scale and learning.

Explanation:

Transnational strategies imply companies taking their products to different regions in the world and adapting them to each market. It is the opposite of the global strategy of entering a market by which a corporation offers the same product over all the territories where it handles operations.

<em>One of the main objectives of the transnational strategy is to lower production costs by using economies of scale, meaning production becomes more efficient providing manufacturers cost advantages. Besides, the company looks for learning diverse domestic strategies that can also be implemented in other regions keeping in mind each of them would have its own features.</em>

3 0
4 years ago
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