1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
STatiana [176]
3 years ago
9

Barnes Enterprises has bonds on the market making annual payments, with 17 years to maturity, a par value of $1,000, and a price

of $969. At this price, the bonds yield 8.1 percent. What must the coupon rate be on the bonds? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Business
1 answer:
Eva8 [605]3 years ago
5 0

Answer:

7.76%

Explanation:

In this question, we use the PMT formula which is shown in the spreadsheet.  

The NPER represents the time period.

Given that,  

Present value = $969

Future value = $1,000

Rate of interest = 8.1%

NPER = 17 years

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, The PMT would be $77.58

The coupon rate is shown below:

= (Coupon payment ÷ par value) × 100

= ($77.58 ÷ $1,000) × 100

= 7.76%

You might be interested in
____ is the process of gathering, storing, accessing, and analyzing data about a company in order to make better business decisi
scoundrel [369]

Every process that has to do with <em>gathering, storing accessing and analyzing data</em> for a company to make business decisions is referred to as: Business Intelligence.

The business world is faced with many vagaries such as risks and uncertainties. Every business intends to <em>minimize cost and maximize profits</em>. In order to do this, wise and better decisions must be made daily.

For business decisions to be made, <em>predictive views, data mining, process analysis, descriptive analytics, and performance benching</em> are all business intelligence entails.

  • Therefore, every process that has to do with <em>gathering, storing accessing and analyzing data</em> for a company to make business decisions is referred to as: Business Intelligence.

Learn more here:

brainly.com/question/21765674

7 0
3 years ago
Updating procedures and systems, reinforcing marketing strategies, and updating advertising techniques, are all examples of what
Travka [436]

An operational change is an exchange inside the structure of your corporation. That could be a reorganization, layoffs, or just a group alternate daily a strategic or task declaration trade. Operational changes are a number of the roughest in your personnel due to the fact they by no means quite understand daily.

Change is basically a variation within the common manner of doing things. every time people carry out a venture in a sure way, they get accustomed to them. They expand strategies which they could put into effect mechanically every day to reap those tasks. Any variation in those strategies is not anything however change.

An alternate is a venture, initiative, or solution being added to the agency to improve the manner work gets accomplished, clear up a problem, or take benefit of a possibility. Almost any project, initiative, or solution that improves a company will affect how employees do their work.

Learn more about the corporation here: brainly.com/question/24448358

#SPJ4

8 0
2 years ago
2) What is the correct way to mark False Starts in Full Verbatim?
Ksju [112]

Answer:

I think it's B. There is no need to mark a false start in a full verbatim file.

5 0
3 years ago
According to the video, what are some tasks Electrical Engineers perform? Check all that apply.
vazorg [7]

Answer:

A C E

Explanation:

cuz it is

3 0
3 years ago
Read 2 more answers
Round 8.35 to the nearest whole number
Lelechka [254]
8.35=8
Any decimal point below 5 is rounded down; above 5 is rounded up
Ex: 10.6=11
Hope this helps!
5 0
4 years ago
Read 2 more answers
Other questions:
  • Why did most corporate boards of directors pressure CEOs to resign, even though less than majority of shareholders revolted to g
    14·1 answer
  • Lean AccountingCom-Tel Inc. manufactures and assembles two models of smartphones-the Tiger Model and the Lion Model. The process
    10·1 answer
  • At a price of $3.50 per loaf, a bakery is willing to supply 450 loaves of bread per week. At a price of $4.00 per loaf, the bake
    8·1 answer
  • Which would you use to estimate the demand for a product at various prices?
    13·1 answer
  • Most successful organizations minimize the need for explicit rules, regulations, and other boundaries by
    11·1 answer
  • Which of the following data analysis models use optimization techniques? Group of answer choices Prescriptive analytics Predicti
    11·1 answer
  • Liam is setting up folding chairs for a meeting. If he arranges the chairs in 7 rows of the same length, he has 3 chairs left ov
    5·1 answer
  • As inventory and property plant and equipment on the balance sheet are consumed, they are reflected: Select one: A. As a revenue
    7·1 answer
  • The CM ____ is responsible for overseeing the actions of the crisis management team and coordinating all crisis management effor
    5·1 answer
  • A balanced federal budget and a balance of trade are secondary goals of macroeconomics, while growth in the standard of living (
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!