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alexandr1967 [171]
3 years ago
8

What is the YTM of a bond if it is sold for $1,029.33, pays a semi-annual coupon of $40, and matures in 15 years? Round to the n

earest hundredth percent. Do not include a percent sign in your answer.
Business
1 answer:
galben [10]3 years ago
3 0

Answer:

The YTM of a bond is 7.67%

Explanation:

From a financial calculator, plug the following figures:

PV = -1029.33

PMT = 40

N = 15*2

   =30

FV = 1000

CPT I/Y =3.834%

Then:

YTM = 3.834*2

        = 7.67%

Therefore, The YTM of a bond is 7.67%

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The appellate court decides that the trial court committed reversible error by including evidence found by law enforcement. Law
olga2289 [7]

Answer:

  1. Now that the very evidence that lead to conviction of the defendant, that person will no longer serve the sentence given as a punishment as a result of the crime committed.
  2. Yes, the defendant would be free to go for now, unless they can produce any more evidence to charge him with the crime he allegedly committed.
  3. Conventionally it would go back to the trial court until and unless specified otherwise by the judge.
  4. It could go all the way up to the supreme court depending on whether the legal counsel handling the case puts in a request for it.

Hope that answers the question, have a great day!

7 0
3 years ago
Gander, an apparel company, is known to be a profit-hungry company. It lands in a controversy when it comes to light that the co
Otrada [13]

Answer:

Legal but Unethical

Explanation:

Based on the information provided within the question it can be said that Gander's business conduct is Legal but Unethical. It is legal because since it is a developing country there is most likely no law against the amount that the company's must pay employees. On the other hand it is unethical because the company is taking advantage of the necessity of the workers and is paying them nonliving wages.

If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
FitterYou Inc., a company that manufactures health products, hosts an event at a local hotel to generate potential customers. Th
Nastasia [14]

By inviting over 120 prospects to the event through direct mails, then the company that manufactures the health products is using a <u>seminar</u> to  generate sales leads.

<h3 />

What is a sales seminar?

Generally, a sales seminar are organized by company to persuade clients or train its employee on how to sell its products.

In conclusion, the company that manufactures the health products is using a <u>seminar</u> to  generate sales leads.

Read more about sales seminar

<em>brainly.com/question/23714927</em>

3 0
2 years ago
Which of the following is best classified as an ethnocentric policy of strategic approaches to international staffing? a. Host-c
madam [21]

Answer:

b. Managers from headquarters staff key positions.

Explanation:

In an international organisation when only managers from the headquarters are allowed to staff key positions, it is an indication of ethnocentric policy on staffing.

This usually occurs when the management of the organisation feels more comfortable working with a particular ethnic group they share the same culture with, and so understand easily. This is a way to avoid culture shock.

6 0
3 years ago
Falcon Crest Aces (FCA), Inc., is considering the purchase of a small plane to use in its wing-walking demonstrations and aerial
Simora [160]

Answer:

Net present value at 8%=($42510)

Explanation:

Explanation- Net present value   = Present value of cash inflows – Total outflows

={(19000*6.7100) - $170000}

=$127490- $170000

= ($42510)

Annual net cash inflows = Net income+ Depreciation

= $4000+$15000

= $19000

Straight line Method:-

= Cost of asset- Salvage value of asset/No. of useful life (years)

=($170000-$20000)/10 years

=$150000/10 years = $15000

Net present value at 3%=($7926)

Explanation- Net present value   = Present value of cash inflows – Total outflows

={(19000*8.5302) - $170000}

=$162074- $170000

= ($7926)

Annual net cash inflows = Net income+ Depreciation

= $4000+$15000

= $19000

Straight line Method:-

= Cost of asset- Salvage value of asset/No. of useful life (years)

=($170000-$20000)/10 years

=$150000/10 years = $15000

7 0
3 years ago
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