The current yield for a corporate bond = 9.19 %
Calculation :
Amount of annual interest = face value × rate of interest
= $1000 × 8.0
= 8000%
Then, Current yield = amount of annual interest / current price
= 8000% ÷ $870
= 9.19 %
Do corporate bonds pay interest?
Corporate bonds pay interest semi-annually, which suggests that, if the coupon is five percent, each $1000 bond can pay the bondholder a payment of $25 every six months--a total of $50 per year
What Is the Current Yield?
Current yield is an investment's annual income (interest or dividends) divided by the present price of the security. This measure examines the present price of a bond, instead of looking at its face value.
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Answer:
What Paul has done wrong is to place these marketing materials on seats. He should devised a plan to give out these materials at the registration point where participants would be registered and then they would collect the items. By placing them on the seats, some of the participants could collect more than one, especially the valuable pen that is worth $3 each.
Explanation:
Marketing materials cost the entity some funds to produce. They should not be wasted. In addition, the number of participants with some details like names and contact information should be captured for future marketing efforts. Allowing participants to have free access to the marketing materials that cost so much without driving any potential customer list is not prudent.
Answer:
geographically to encompass the 12 largest metropolitan and financial areas in the United States.
Explanation:
When the Federal Reserve District Banks were to be divided there were huge discussions on such division but it was later discovered that important places and cities should get their separate divisions.
Accordingly, it was divided into 12 segments which shall cover the most vital economic centres and the most needful shall be served first.
And thus, the metropolitan and financial centres of United States got their area specific divisions.
To find the answer you will want to follow the rule of 70. The rule of 70 allows you to find the number of years it takes a variable to double.
In this situation, you would divide 70 by 3.5% (variable) giving you 20 years.
It would take approx. 20 years for the price level to double.
Answer: the correct answer is $128,000
Explanation:
$20,000 (overtime pay) + ($ 360,000 / 10*3). Biweekly salaries are
$360,000 and the week has 5 days that's why we have to consider a biweekly salary for 10 days and multiple that by 3 days.
$20,000 + $108,000 = $128,000
