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GalinKa [24]
4 years ago
13

Rosita purchased a bond for $989 that had a 7% coupon and semiannual interest payments. She sold the bond after 6 months and ear

ned a total return of 4.8% on this investment. At what price, did she sell the bond
Business
1 answer:
Len [333]4 years ago
3 0

Answer:

The price she sold the bond is $1,001.47

Explanation:

The formula for yield return in given as ;

Yield to maturity= (Annual interest+ per value - market price ÷ numbers of years to maturity)/per value+ market price÷ 2

048 = (Selling price + [(.07 × $1,000)/2] - $989)/$989

Making selling price the subject of formula we have this as the abswer

Selling price = $1,001.47

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In the given problem above, what will most likely happen if the tax cuts increase consumer incentive to save is that the aggregate demand will likely change as it will increase in the given situation, mainly because of the tax cut in which it will consume or spend the money earned.

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Walnut has forecast sales for the next three months as follows: July 4,900 units, August 6,900 units, September 8,000 units. Wal
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Answer:

the budgeted selling and administrative expenses for July is $64,100

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2 years ago
​a psychologist gives the same test to a client twice. the tests are separated by six days. if the test results are quite dissim
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a) Internal consistency

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3 0
3 years ago
Limitation of scientific management ​
lianna [129]

Answer:

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6 0
3 years ago
Cirrus Aircraft, a leading manufacturer of small airplanes, sees a market opportunity and has decided to double its plant capaci
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Answer:

B. A strategic action because such a large plant expansion will require a major commitment of resources.

Explanation:

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Tactical actions, on the other hand, are flexible and involves actions taken on short term basis. Tactical actions are majorly bye-product of strategic decision.

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Other options in the question are not totally right.

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3 years ago
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