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Masteriza [31]
2 years ago
12

The 4.5 percent bond of JL Motors has a face value of $1,000, a maturity of 7 years, semiannual interest payments, and a yield t

o maturity of 6.23 percent. What is the current market price of the bond
Business
1 answer:
DiKsa [7]2 years ago
5 0

Answer:

<em>The current market price for the bond is $903.05</em>

Explanation:

<em>Steps taken to arrive at the current market price of the bond</em>

<em>Recall PV=present value</em>

<em>face value=$1000</em>

<em>percent bond=4.5,</em>

<em>A semiannual interest payments of 7 years, yielding a maturity rate of=6.23%</em>

<em>PV = [(.045 × $1,000)/ 2] ×{(1 - {1 / [1 + (.0623/ 2)]14}) / (.0623 / 2)} + $1,000 / [1 + .0623 / 2)]14 </em>

<em>PV = $903.05</em>

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sergejj [24]

Answer:

B. GDP includes non market production and is therefore a good measure of a​ nation's overall welfare

Explanation:

  • A GDP is a total values of the goods and the services that are produced within a given country border and thus is the most common measure of measuring the country in terms of the size of the economy.
  • Thus can tell the health of the country and is the monetary value of all the goods and services. The non market activities include the production of the food at homes these services don't account for the in-country GDP.
4 0
3 years ago
Which of the following is described as an event that a company hosts to thank its loyal​ customers?
Jobisdone [24]
<h2>Answer:</h2><h2>Option C: Brandfest</h2><h2>Brandfest is described as an event that a company hosts to than its loyal customers.</h2>

Explanation:

Brandfest is the most important way to thank its loyal customer and bring more business by sustaining the brand name.

Entrepreneur: He is the person who sets up the business.

Crowdsourcing: Obtaining information from a large number of people.

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7 0
3 years ago
Suppose a small manufacturing business wishes to have a system to manage all its vital business operations, they should go for a
Stella [2.4K]

Answer:

The correct answer is d) enterprise resource planning (ERP) system

Explanation:

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7 0
3 years ago
4. Firm E must choose between two alternative transactions. Transaction 1 requires a cash outlay of $9,000; this expense would b
Pie

Answer:

a. Transaction 1

It is not deductible so the Taxable income is $9,000

Transaction 2

It is deductible, taxable income would be;

= 13,500 * ( 1 - Tax)

= 13,500 * ( 1 - 20%)

= $10,800

b. Transaction 1

It is not deductible so the Taxable income is $9,000

Transaction 2

It is deductible, taxable income would be;

= 13,500 * ( 1 - Tax)

= 13,500 * ( 1 - 40%)

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8 0
3 years ago
Transmissions are delivered to the fabrication line five at a time. It takes two hours for transmissions to be delivered. Approx
Leokris [45]

Answer:

The Number of kanban card sets is 2.

Explanation:

c =  5

T = 2 hours

d = 3 vehicles/hour

N = d*T(1 + ss)/C

   = 3*2(1 + 0.30)/5

   = 1.56

Therefore, The Number of kanban card sets is 2.

5 0
3 years ago
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