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tekilochka [14]
4 years ago
9

A bond has a 5% coupon rate. The coupon is paid semiannually, and the last coupon was paid 35 days ago. If the bond has a par va

lue of $1,000, what is the accrued interest
Business
1 answer:
andriy [413]4 years ago
7 0

Answer:

$4.81

Explanation:

Interest for 35 days can be calculated by multiplying the Interest with the ratio of days accrued interest days in 6 months.

DATA

Coupon rate (5% x 6/12) = 2.5%

Par value = $1,000

Days = 35

Days in 6 months = 182

NOTE: The coupon is paid semiannually (every 182 days)

Solution

Interest for 35 days = ($1,000 x 2.5%) x (35 / 182)

Interest for 35 days = $25 x  0.192

Interest for 35 days =  $4.81

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Answer:

The correct answer is False.

Explanation:

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3 years ago
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Answer: Do your own homework

Explanation:

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3 years ago
. Specifically what recruiting sources would you use to attract participants to the Techtonic Academy, and apprenticeship progra
Sholpan [36]

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<h3>What is meant by recruiting sources?</h3>

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Hence the The use of current employees as brand ambassadors can be the way that one would  use to attract participants to the Techtonic Academy, and apprenticeship programs.

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6 0
2 years ago
Why might the current and quick ratios for the electric utility and the​ fast-food stock be so much lower than the same ratios f
yulyashka [42]

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A. Inventory would be a factor in both of these ration (assets). In both of these industries, inventory would be low. You cannot readily stockpile energy and burgers are perishable items.

B. It is true that both of these industries would have low outstanding accounts receivable because people will need their power to survive and fast food places don't offer credit.

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6 0
4 years ago
The company Lucy works for is made of cross-functional teams that focus on the project at hand. The projects they get are extrem
liberstina [14]

Answer:

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Small batch and Unit production -

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