Answer: C. 7.3%
Explanation:
The yield rate is a weighted average of the yields over the years:
= [ (1 * 6%) + (2 * 7%) + (3 * 8%)] / ( 1 + 2 + 3)
= 44%/ 6
= 7.33%
= 7.3%
Answer:
A. $840,000
B. Discount
C. Annual interest expense on these bonds will be more than the amount of interest paid each year.
Explanation:
Data
Bonds issued = $21,000,000
Coupin rate = 4.0%
Market Interest rate = 4.46%
Requirement A: Annual interest amount
Interest amount = Bonds issued x coupon rate
Interest amount = $21,000,000 x 4.0%
Interest amount = $840,000
Requirement B: Whether it is Premium or Discount?
Bonds that Atom Endeavour Co. issued are discount as you can clearly see in the data that the market rate is higher than the coupon rate. Investors who will buy these bonds surely expect a capital gain.
Requirement C:
The discount on the issue of bonds is amortized to interest expense over the life of the bond, therefore the interest expense on these bonds will be more than the amount of interest paid each year,
"Server less computing" refers to a method of executing cloud computing that makes use of dynamic resource management and the cloud provider as the server.
Each location where big clouds usually spread out their operations is a data center.
Businesses of different sizes, kinds, and industries employ a variety of use cases, including as data backup, disaster recovery, email, virtual desktops, software development and testing, big data analytics, and customer-facing web apps. "Server less computing" refers to cloud computing that makes use of dynamic resource management and the cloud provider as the server.
Learn more about "Server less computing" here,
brainly.com/question/28390032
#SPJ4
I would say “ This used car only has 100,000 miles on it, so it is quite the steal.” sorry if this isn’t right but I hope that helped
