Answer: 7.5%
Explanation:
Given the following :
Coupon rate = 7.5% semi-annually = 0.0375
Coupon or interest payment per period = $37.5
Period (n)= 6.5 years * 2 = 13
Face value(f) = $1000
Price of bond = face value = $1000
Semiannual Yield to maturity = [(((f-p)/n) + C) / (f + p)/2]
Semiannual YTM = [(((1000 - 1000) / 13) + 37.5) / (1000 + 1000)/2]
Semiannual Yield to maturity = [(((0 /13) + 37.5) / 2000/2]
= 37.5 / 1000 = 0.0375 = 3.75%
Yield to maturity = 2 × Semiannual yield to maturity
Yield to maturity = 2 × 3.75% = 7.5%
In Russia, their workers are not usually free to use their own judgement especially the time when they are making decisions. Most of the time, the culture of Russia is being characterized by a distance that is a low power. But the Russia is very high nature individually.
C: It tells the computer how to use the software.
Answer:
The the current dividend per share is $3.45
Explanation:
Solution
Recall that:
A company stock currently sells for =$80
the required return on the stock = 9%
The current dividend per share = ?
Now,
The dividend in year 1 pr D₁=80*(9%/2)=3.6
Thus,
The current dividend per share =3.6/ (1+4.5%)
= 3.45
