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Masteriza [31]
3 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]3 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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Jorge would like to open a coffee shop. He should write​ a(n) ________ to establish the mission and objective of his organizatio
Katen [24]

Answer:

The correct option is C, business plan

Explanation:

Sales proposal is a document sent by a seller to a prospective buyer detailing the nature of the product offered and how the product could serve the interest of the would-be buyer,hence it is a wrong option.

Unsolicited proposal is a proposal sent by a private firm interested in partnering with the government on projects where the proposal was not requested by the government,as a result it is wrong choice as well.

A business plan is document showcasing the aims of objectives of the organization with clear road maps on issues such as what the business is set out to achieve,its target customer and so on

Investment proposal is aimed at bringing to light the potential benefits of a project so as to appeal to financiers.

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6 0
3 years ago
What is the most likely result of inflation?
pashok25 [27]

Answer and explanation:

Inflation is the increase in prices of goods or services over time. Under this scenario, consumers' purchasing power decreases. Typically, under inflationary stations, the government tends to intervene as a regulator of the market increasing interest rates to offset the economic phenomena.

The most likely result of inflation is the <em>increase in prices of the overall market but it also causes investments to fall and unemployment to rise</em>.

5 0
4 years ago
Marigold Corp. manufactures a product with a unit variable cost of $100 and a unit sales price of $181. Fixed manufacturing cost
abruzzese [7]

Answer:

Increase in income= $20,000

Explanation:

Giving the following information:

Marigold Corp. manufactures a product with a unit variable cost of $100 and a unit sales price of $181. Fixed manufacturing costs were $480000 when 10000 units were produced and sold. The company has a one-time opportunity to sell an additional 1000 units at $120 each in a foreign market which would not affect its present sales.

We will not have into account the fixed costs, because there is unused capacity.

Increase in income= contribution margin * units sold

Increase in income= (120 - 100) * 1000= $20,000

6 0
4 years ago
Which career would be a good fit for someone whose MBTI results list her as a
ycow [4]

Answer:

A

Explanation:

6 0
3 years ago
g Declaring bankruptcy by the bond issuing firm ______ . a. has no impact on value of its bonds b. increases the value of its bo
Scilla [17]

Answer:

c. decreases the value of its bonds

Explanation:

There is a significant decrease in the value of the bond if the firm declares bankruptcy.

4 0
3 years ago
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