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
Monetary policy is defined​ as: A. The actions the Federal Reserve takes to manage tax policy and interest rates. B. The actions
yaroslaw [1]

Answer:

D) The actions the Federal Reserve takes to manage the money supply and interest rates.

Explanation:

The Federal Reserve System (FED) is an autonomous government entity of the United States of America that functions like a central bank. Its main responsibilities are to manage the nation's money supply (the total amount of money in the economy) and establish federal interest rates (interest yielded by T-bills, T-notes and T-bonds).

6 0
2 years ago
Workforce ________ exists when at one end of the labor market, there has been strong demand for low-skilled, low-paying jobs in
Levart [38]

Answer:

The correct answer is workforce Polarization.

Explanation:

Polarization means that a gap has developed in the job market, with most employment opportunities at the lowest and highest levels and few jobs for those with midlevel skills and education. At one end, there has been strong demand for low-skilled, low-paying jobs in industries like food service and retail. On the other end, some research shows that in certain fields there has been a steadily increasing demand for highly skilled and educated professionals, technologists, and managers. These high-skilled positions also tend to be highly paid.

7 0
3 years ago
ABC had the following net income (loss) the first three years of operation: $7,100, ($1,600), and $3,600. If the Retained Earnin
Alex73 [517]

Answer:

The total amount of dividends paid over these three years: $8000

Explanation:

  • Net income (loss) in three years

$7,100, ($1,600), and $3,600  

=> the total net income is the first three years of operation is:

$7,100 -  ($1,600) +  $3,600  

= $9,100

This money is not kept in the Retained Earnings because it is used for dividend payment. But Earnings balance at the end of year three is $1,100, so the total amount of dividends paid over these three years:

= Total net incomes - Retained Earnings

= $9,100 - $1,100,  

= $8000

Hope it will find you well.

3 0
3 years ago
Read 2 more answers
What is 9 and 5/6 minus 3 and 3/6​
lawyer [7]

Answer:

9\frac{5}{6} - 3\frac{3}{6} = \frac{38}{6}

Explanation:

Since this is an example of mixed whole numbers and fractions, this are mixed fractions.

Since the denominator is the same (6), we are just going to create a proper fraction out of these mixed fractions by multiplying the denominator with the whole number and adding the numerator. Then, the result becomes the new numerator, while the denominator remains the same.

Therefore, we have:

9\frac{5}{6}  = \frac{59}{6}

3\frac{3}{6} = \frac{21}{6}

So when we subtract these two, we get \frac{38}{6}.

7 0
3 years ago
Read 2 more answers
A process cost system would be used for all of the following products except computer chips. motion pictures. chemicals. soft dr
denpristay [2]

One thing that a process cost system cannot be used for from the given options is Motion pictures.

<h3>What is process costing?</h3>

This is a method of allocating cost that is based on the same item being mass-produced such that there is no discernable difference between the goods that were produced.

Motion pictures cannot be mass produced which is why they cannot use process costing, Every motion picture is unique and so something more specific is needed to apportion their cost.

Find out more on process costing at brainly.com/question/17129908

#SPJ1

5 0
1 year ago
Other questions:
  • In strategic planning, managers consider the organization as a total unit and ask themselves what must be done in the long term,
    7·1 answer
  • Direct Materials and Direct Labor Variances At the beginning of June, Bezco Toy Company budgeted 5,000 toy action figures to be
    14·1 answer
  • The Bretton Woods institutions are reflective of a ________ economic perspective. a. constructivist b. statist c. liberal d. mer
    7·1 answer
  • Catherine wanted to purchase a digital camera. Hence, she visited an online retailer's website to learn more about the different
    10·1 answer
  • The exchange rate is the opportunity cost at which goods are produced domestically. balance-of-trade ratio of one country to ano
    11·1 answer
  • On March 1, 2021, Bearcat lends an employee $16,000. The employee signs a note requiring principal and interest at 12% to be pai
    7·1 answer
  • How many courses do you need to finish a major?
    14·1 answer
  • Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect $8,700 of its accounts receiv
    7·1 answer
  • Perfectly competitive, unregulated markets with no externalities will provide the efficient level of Group of answer choices pri
    6·1 answer
  • How would define industry? What is the industry of a store that sells fishing poles
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!