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2 years ago

The Principal of a bond is:

Business

1 answer:

tekilochka [14]2 years ago

6 0

For bonds,principal generally refers to the bonds face value or the par value.

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Privately owned businesses are common in which type of economy?

Mariana [72]

Privately owned businesses are commonly found in capitalist economies.

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3 years ago

Read 2 more answers

On December 31, 2021, Interlink Communications issued 6% stated rate bonds with a face amount of $119 million. The bonds mature

Tamiku [17]

Answer:

Price of the bond is $104,236,860.

Explanation:

Given:

Coupon rate is 6% or 0.06

Face value = $119,000,000

Coupon payment each year = 0.06×119,000,000

= $7,140,000

Yield to maturity = 7% or 0.007

Maturity period = 30 years

Price of bond = Present value of face value + present value of coupon payment (annuity)

Price of bond = $119,000,000_{(PV\ 30,0.07)} + 7,140,000_{(PVA\ 30,0.07)}$

PV of $1 for 7%,30 periods = 0.1314

PVA of $1 for 7%,30 periods = 12.409

Substitute the values in above formula:

Price of bond = (119,000,000 × 0.1314) + (7,140,000 × 12.409)

= 15,636,600 + 88,600,260

= $104,236,860

There will be slight difference in final answer as present value table is used. Excel spreadsheet gives an accurate answer.

So, price of bond is $104,236,860

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2 years ago

As a customer acquisition technique, events: a. Are considered mostly ineffective compared to mobile advertising or social media

KonstantinChe [14]

Answer: a. Are considered mostly ineffective compared to mobile advertising or social media promotions.

Explanation:

Customer acquisition techniques refers to the strategies that are helps in the identification of the potential leads which are then converted into active customers. Such techniques include personalized offer design, automated email marketing etc.

As a customer acquisition technique, events are considered mostly ineffective compared to mobile advertising or social media promotions.

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3 years ago

In the 1990s, the russian people lost confidence in the value of the ruble, and many were no longer willing to sell goods and se

hodyreva [135]

The answer to this question is acceptability
The acceptability characteristic refers to whether the currency is accepted as a medium of exchange for the transaction in the market.
Currency that has high rate of acceptability tend to be less volatile in the foreign exchange market and attract more investment.

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3 years ago

Milani, inc., acquired 10 percent of seida corporation on january 1, 2017, for $190,000 and appropriately accounted for the inve

Natalija [7]

The 2018 journal entries for Milani related to its investment in Seida are its share in net income and share in dividends. The investment in considered as investment in associate since there is already the significant influence in Seida. These are the journal entries:

Investment in Seida 12,0000

Share in net income of Seida ($30,000 x 40%) 12,000

Cash ($110,000 x 40%) 44,000

Investment in Seida 44,000

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2 years ago