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Diano4ka-milaya [45]
4 years ago
15

An investor buys a 10-year, 7% coupon bond for $1,050, holds it for 1 year, and then sells it for $1,040. What was the investor'

s rate of return?
Business
1 answer:
kirza4 [7]4 years ago
6 0

Answer:

The answer is 5.71%

Explanation:

Solution

Given that

Coupon rate = 7%

Bond = $1050

Sale of the bond = $1040

n = 10 years, n = 1 year

Now we find the investor's rate of return

Thus

Coupon payment = 7%* 1000

=70

1050 = 70/(1+r) + $1,040/(1+r)

r= 5.71%

Therefore the rate of return of the investor is 5.71%

or

Rate of return = (P1-P0+ Interest ) /P0

= (1040 -1050 + 70 )/1050

= .0571 or 5.71%

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Axcel Software began a new development project in 2020. The project reached technological feasibility on June 30, 2021, and was
erik [133]

Answer:

$471,000.

Explanation:

Using percentage of revenue method calculating amortization rate:

$3,102,000 / ( $3,102,000 + $7,238,000 ) = 30%

The amortization of development cost of Axcel software will be the cost after 30 June 2021 when project reached technological feasibility till product release date which is $1,570,000.

Amortization of software development costs for year 2022 :

$1,570,000 * 30% = $471,000.

8 0
3 years ago
Judy Olsen, Kristy Johnston, and their mother, Joyce Johnston, owned 78 acres of land on Eagle Creek in Montana. When Joyce died
zlopas [31]

Answer:

The court will rule in favor of Judy

Explanation:

Kristy made a valid offer to Judy and Judy accepted it before Dave accepted Kristy´s offer so Judy's acceptance should prevail.

In the offer letter, Kristy told Judy to "please respond to Bruce Townsend", but she did not specify that the only proper mode of acceptance was the response to Bruce. Since she did not specify that Judy could not respond directly to her, Judy's letter of acceptance to Kristy's offer is valid.

Kristy should have been more specific in stating that the only proper mode of acceptance was a response to Bruce.

8 0
3 years ago
MIS is a business function, like accounting or sales, which moves information about people, products, and processes across the c
m_a_m_a [10]

Answer:

The correct answer is c. Management Information System.

Explanation:

A Management Information System is a computer system that gathers, stores, analyzes, displays and reports data with the purpose of aiding decision-makers to be informed and make high quality decisions that are useful to a company. It consists of:

  • People, that take advantage a MIS to make effective decisions.
  • Hardware, physical structure that supports the MIS.
  • Software, computer programs that aid in all the processes to handle the data e.g. analysis, retrieval, etc.
  • Databases, that store the data of a MIS.

The information can be related to any area of the company, for example Research & Development (R&D), Marketing, Finances, Project development, Human Resources, etc.

The use of a MIS allows a company to have easy access to information, fast data processing and information retrieval, accurate data analysis, reduction of duplicates and reliable backup for the information stored.

7 0
4 years ago
Tips for Successful LinkedIn Prospecting?
Dmitriy789 [7]

Answer:

Sales prospecting is one of the most essential elements of the whole sales process.

Some tips are;

  • Make LinkedIn Your Second Home
  • Show’em What you Got For Them
  • Tweak and Polish Your Profile
  • Connect With Strategy
  • Be more personal

7 0
3 years ago
Prithi acquired and placed in service $190,000 of equipment on August 1, 2015, for use in her sole proprietorship. The equipment
il63 [147K]

Answer:

d.) $38,000

Explanation:

Given that

Acquired value of the plant = $190,000

Recovery period = 5 years

So according to section 179, the total deduction is limit to the 1 by 5 i.e useful life or recovery period of acquired price or purchase price

So, the amount is

= Acquired value of the plant ÷ recovery period

= $190,000 ÷ 5 years

= $38,000

By dividing the acquired value with the recovery period we can get the maximum deduction

4 0
3 years ago
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