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IRINA_888 [86]
3 years ago
11

g A company issues a ten-year bond at par with a coupon rate of 6.5% paid semi-annually. The YTM at the beginning of the third y

ear of the bond (8 years left to maturity) is 8.6%. What is the new price of the bond

Business
1 answer:
Lorico [155]3 years ago
4 0

Answer:

$880.31

Explanation:

Here for computing the new price of the bond we use the present value formula i.e. to be shown in the attachment

Given that,  

Assuming Future value = $1,000

Rate of interest = 8.6%  ÷ 2 = 4.3%

NPER = 8 years  × 2 = 16

PMT = $1,000 × 6.5% ÷  2 = $32.50

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the new price of the bond is $880.31

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Summarize the consequentialist arguments for and against affirmative action.
bearhunter [10]

Answer:

Explanation:

Arguments supporting Affirmative Action:

1) Affirmative action is a method that ensure the diversity is obtained and maintained in schools and workplaces. Moreover, it also helps to create tolerant communities therefore, it exposes people to a variety of cultures and ideas that are different from their own.

2)Affirmative action assists disadvantaged people that come from areas of the country where opportunities are limited  be able to advance and they otherwise could not. In other words, it bestows everybody the same playing field.

3)Affirmative action is for  to help by compensating to some races who are"started late in the race" , due to many years of oppression, and it also helps level the playing field.

Arguments against Affirmative Action:

1) Affirmative Action can be described as reverse discrimination. More specifically, past discrimination against some minority groups does not justify existing discrimination against them.

2) It weakens the notion of meritocracy and instead weakens races as a dominant factor in recruitment and recruitment procedures. Regardless of the situation, the best people for the position should be placed there.

3) Students / staff involved in the approval process are often not fully prepared for the assignment.

4) Affirmative Action strengthens stereotypes and racism compared to the previous point. People who give a position almost positively because of their activity are often unsuitable and the idea that all people in this race are "stupid" is endless.

5) People of different races or ethnic backgrounds do not need to have differences of opinion in the workplace / university. People with the same skin color are not necessarily the same in terms of vision or culture.

4 0
3 years ago
Hot Shot Delivery Inc. provides the following year end data:
saw5 [17]

Answer:

27.3%

Explanation:

rate of retun on assets:

\frac{Income}{Assets} = $Assets rate of return

​where:

Net income:              112,000

2018 Assets:           410,000

\frac{112,000}{410,000} = $Assets rate of return

$Assets rate of return 0.2731707317073171‬ = 27.32%

During 2018 each dollar of assets generate 27.32 cents of income.

3 0
3 years ago
The existence of under- or overapplied overhead at the end of the year: a. requires a retroactive adjustment to the cost of all
Ilya [14]

Answer:

Option "C" is the correct answer to the following question.

Explanation:

Cost of goods sold includes all types of expenses related to a product.  

Any type of expenses during the year can be adjusted in the cost of goods sold for that product.  underdeveloped or overdeveloped overhead can also be adjusted in the cost of goods sold for the particular year.

so the correct answer to the given statement is the Cost of Goods sold.

5 0
3 years ago
You invested in a 3-month certificate of deposit at your bank. Your investment was $1,902, and at the end of the term you will r
Art [367]

Answer and Explanation:

The computation is shown below:

a. Holding period return would be

= Income + (End of Period Value - Initial Value) ÷ Initial Value

= 0 +($2,178 - $1,902) ÷ $1,902

= 0 + $276 ÷ $1,902

= 14.51%

b. The annual percentage rate is

For 3 months, the rate is 14.51%

Now

For 12 months, it is

= 14.51% ÷ 3 ×  12

= 14.51 % × 4

= 58.04%

c. The effective annual rate is

= ( 1 + r ÷ m)^m - 1

= (1 + 58.04% ÷ 4)^4 - 1

= (1 + 0.5804 ÷ 4)^4 - 1

= (1 + 0.1451)^4 - 1

= (1.1451)^4 - 1

= 1.719387079 - 1

= 0.719387079 or 71.94%

8 0
2 years ago
Which three factors should you consider when deciding when and where to compose?
Alexeev081 [22]

Time management, environment, and interruptions are the three factors you should consider when deciding when and where to compose.

Time management: It is important to focus on the work on which you are doing to be a successful researcher. This can only succeed through successive management. Time management which is effective can make you more productive as well as minimize the factors which can affect your time like interruptions and procrastination during composing.

Environment: The best writing environment is necessary while composing. It forces the user to write because humans are social animals and are well motivated by social pressures. when it comes to writing That's a good thing. It urges the user to write more and to stay happier about doing as we are surrounded by other people who are composing.

Interruptions: After an interruption resuming the work is somehow not difficult for simple tasks, but it affects the complex ones.  Interruptions can threaten work resources which will create employee stress, work overload, time famine, and time pressure as per studies.

Learn to know more about musical composition on

brainly.com/question/26373912

#SPJ4

8 0
1 year ago
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