1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mariulka [41]
3 years ago
15

Jallouk Corporation has two different bonds currently outstanding. Bond M has a face value of $60,000 and matures in 20 years. T

he bond makes no payments for the first six years, then pays $2,700 every six months over the subsequent eight years, and finally pays $3,000 every six months over the last six years. Bond N also has a face value of $60,000 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 12 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.) Current price Bond M $ Bond N $
Business
1 answer:
AlexFokin [52]3 years ago
5 0

Answer:

Price of the Bonds is

M = 24,313.99

N =  5,833.33

Explanation:

check the file attached for full explanation i hope it helps

Download docx
You might be interested in
Job enlargement involves giving additional responsibilities, whereas job enrichment refers to __________.
AnnZ [28]

Job enlargement involves giving a employee a large element of a complete task via horizontal loading. The additional work is on the equal talent level and duty of the authentic job.

Job enrichment involves an increase in the degree of duty for planning and coordination via vertical loading.

<h3>What is the distinction between job expansion and enrichment?</h3>

The distinction between job enrichment and job expansion is first-class and quantity. Job enrichment capability improvement, or an expand with the help of upgrading and development, whereas job expansion potential to add extra duties, and an improved workload.

<h3>What is horizontal growth of job?</h3>

Job enlargement entails combining more than a few activities at the equal level in the enterprise and adding them to the existing job. It is additionally referred to as the horizontal growth of job activities.

Learn more about job enlargement here:

<h3>brainly.com/question/14840026</h3><h3 /><h3>#SPJ4</h3>
3 0
2 years ago
Southwestern Foods Corporation operates a packaging plant near the border between the United States and Mexico. Due to the locat
zavuch27 [327]

Answer: Option D

                           

Explanation: In the given case, southwestern has been displayed as an american organisation . Therefore, it cannot employ any non citizen who do not have proper kind of paper work done that is needed by the authorities of the country.

Hence, the geographic advantages regarding employment does not mean anything in front of the legal formalities and rules that resides in the economic area.

7 0
3 years ago
Recently, the level of gdp has declined by $60 billion in an economy where the marginal propensity to consume is 0.75. aggregate
Paha777 [63]

Answer:

a. $45 billion.

Explanation:

The aggregate expenditures must have fallen by = 0.75*$65 billion

                                                                                   = $45 billion

Therefore, The aggregate expenditures must have fallen by $45 billion.

8 0
3 years ago
Entries for Costs in a Job Order Cost System Royal Technology Company uses a job order cost system. The following data summarize
Nutka1998 [239]

Question Completion:

Journalize the entries to record the summarized operations.

Answer:

Royal Technology Company

Journal Entries:

Debit Materials $496,110

Credit Accounts Payable $496,110

To record the purchase of materials on account.

Debit Work in Process $362,560

Debit Factory Overhead $54,170

Credit Materials $416,730

To record materials requisitioned for production and general factory use.

Debit Work in Process $413,900

Debit Factory Overhead $97,090

Credit Factory labor $510,990

To record factory labor used in production.

Debit Factory Overhead $119,070

Debit Selling Expenses $183,560

Debit Administrative Expenses $109,140

Credit Accounts Payable $411,770

To record costs incurred on account.

Debit Factory Overhead $22,820

Debit Selling Expenses $19,350

Debit Administrative Expense $13,890

Credit Prepaid Expenses $56,060

To record expired prepaid expenses.

Debit Factory Overhead $22,820

Debit Depreciation Expense - Office Equipment $33,740

Debit Depreciation Expense - Office Building $66,480

Credit Depreciation Expenses $123,040

To allocate depreciation expenses.

Debit Work in Process $282,780

Credit Factory Overhead $282,780

To record overhead costs applied to jobs.

Debit Finished Goods Inventory $654,870

Credit Work in Process $654,870

To transfer completed jobs to the finished goods inventory.

Debit Cost of Goods Sold $635,020

Credit Finished Goods Inventory $635,020

To record the cost of goods sold.

Explanation:

Journal entries are made when a transaction is initially recorded.  They show the accounts to be debited and the ones to be credited.

4 0
3 years ago
Leather ShopLeather Shop earned net income of $57,000 after deducting depreciation of $5,000 and all other expenses. Current ass
slavikrds [6]

Answer:

$75,000

This option has not been provided

Explanation:

Cash provided by operating activities

Net Operating Income

Add: Depreciation

Add: Decrease in current assets

Add: Increase in Current Liabilities

Using the information in question, we have

Cash Provided by operating activities = $57,000 + $5,000 + $4,000 + $9,000 = $75,000

None of the above is the right answer as the correct option is not available.

8 0
3 years ago
Other questions:
  • Miley has formal power in the Coffee Lovers, Ltd. organization while Bob has informal power. One of the primary differences betw
    5·1 answer
  • Suppose a basket of goods and services has been selected to calculate the consumer price index. In 2005, the basket of goods cos
    8·1 answer
  • An administrator has configured wsus settings to be applied via a group policy object linked to a specific ou in her organizatio
    10·1 answer
  • Making a down payment will _____. Select the best answer from the choices provided. A. decrease the interest rate on a loan B. i
    11·1 answer
  • If a market is in equilibrium is it necessarily true that all potential buyers and sellers are satisfied with the market​ price?
    5·1 answer
  • The largest component of GDP by far is A. net exports. B. personal consumption expenditures. C. government purchases of goods an
    7·1 answer
  • Instead of spending the weekend working on the research paper due at the end of next week sam decided to spend the weekend going
    14·1 answer
  • On January 1, 2019, Sanders Corporation purchased equipment having a fair value of $68,301.30 by issuing a non-interest-bearing,
    13·1 answer
  • Which of the following allows portions of copyrighted materials to be used without permission under certain circumstances?
    15·1 answer
  • The precaution of prohibiting employees from bringing personal computing devices into a facility is what type of security contro
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!