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GalinKa [24]
3 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]3 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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Explanation:

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5 0
3 years ago
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Answer:

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Explanation:

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It will have to be proven that the board blatantly violated a code of conduct, otherwise the court will review or question it's decisions.

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2 years ago
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Answer:

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<u>In the given scenario, the Association of Organic Food Growers is violating the antitrust law by boycotting farmers, ranchers, etc. The antitrust laws are violated by companies in several ways among them is by boycotting</u>.

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5 0
2 years ago
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Lera25 [3.4K]

Answer:

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