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Fantom [35]
3 years ago
8

Skolits Corp. issued 15-year bonds 2 years ago at a coupon rate of 7.3 percent. The bonds make semiannual payments. If these bon

ds currently sell for 103 percent of par value, what is the YTM?
Business
1 answer:
Crazy boy [7]3 years ago
7 0

Answer:

6.94%

Explanation:

The yield to maturity can be computed using excel rate function found below:

=rate(nper,pmt,-pv,fv)

nper is the coupons that bond has left to pay i.e 26 semiannual coupons in 13 years

pmt is the semiannual coupon amount i.e $1000*7.3%*6/12=36.5

pv is the current market price i.e 103%*$1000=$1030

fv is the face value of $1000

=rate(26,36.5,-1030,1000)=3.47%

semiannual yield =3.47%

annual yield =3.47% *2=6.94%

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Vera_Pavlovna [14]

Answer:

A. Actual Sales - Break-even sales

Explanation:

In business studies, Margin of safety (MOS) is the difference between actual/projected/budgeted sales and the level of break even sales. It is calculated by subtracting break even sales from projected or budgeted sales.

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3 0
3 years ago
Based on the segment income statement below, Chips, Inc. is considering eliminating its Barbecue Division line. Revenue from Bar
zloy xaker [14]

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Explanation:

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7 0
3 years ago
Dividends are part of the return you receive on your investment when you buy stock.
Shalnov [3]
That sounds about right for accounting anyway

4 0
3 years ago
Read 2 more answers
Your regular price is $30/unit, unit variable cost is $20/unit and fixed costs are $3,000 per month. Because of the recession, y
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Answer:

Answer is in table which is attached in the attachment. Please refer to the attachment.

Explanation:

<em>Calculations:</em>

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Find out more on resume review at brainly.com/question/1100786.

#SPJ4

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