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likoan [24]
3 years ago
13

Jallouk Corporation has two different bonds currently outstanding. Bond M has a face value of $50,000 and matures in 20 years. T

he bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. Bond N also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. The required return on both these bonds is 10 percent compounded semiannually. What is the current price of Bond M and Bond N? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Business
1 answer:
Nina [5.8K]3 years ago
4 0

Answer

Current Price of Bond M = $25,202

Current Price of Bond N = $7,102

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
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Answer: (C) When a​ country's real exchange rate appreciates​, it imports more and exports less​, causing its net exports to fall.

Explanation:

When a country's real exchange rate appreciates i.e the value of its currency increases, it imports more because more products could be bought with the same amount of the currency as a result of its increased value, and it export less because their goods would become more expensive for other countries resulting in reduced demand. Therefore, resulting in the fall of its net export. This is a form of trade balance.

8 0
3 years ago
How did the role of the onondaga people differ from the roles of the other four trives of iroquois nation?
maxonik [38]

According to Articles 1 and 10, the role of the Onondaga differs from that of the other four Iroquois tribes because the Onondaga land is planted with a tree of peace and they are firefighters.

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4 0
1 year ago
The accounts receivable account has a beginning balance of $10,000 and the company provides services of $50,000 on account durin
ser-zykov [4K]
Beginning balance 10000
Add service on account 50000
Less ending balance 12000

Received from customers
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Hope it helps!
8 0
3 years ago
"Which type of accounts" the ____ on an investment is the investors gain or loss on the investment over a period of time.
miss Akunina [59]
The rate of return on an investment is the investors gain or loss on the investment over a period of time. 
4 0
3 years ago
Read 2 more answers
For every decision you make, there is a trade-off.
AleksandrR [38]

Answer:

True

And you know What is the meaning the trade-off?

A decision is made between one or more options. A trade-off is all alternatives given up when choosing one option. The other other alternatives in that decision are the trade-offs. Therefore, every decision involves trade-offs.

Good luck

5 0
3 years ago
Read 2 more answers
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