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
maks197457 [2]
4 years ago
15

Jerome Corporation's bonds have 15 years to maturity, an 8.75% coupon paid semiannually, and a $1,000 par value. The bond has a

6.50% nominal yield to maturity, but it can be called in 6 years at a price of $1,050. What is the bond's nominal yield to call?
Business
2 answers:
castortr0y [4]4 years ago
6 0

Answer:

5.27%

Explanation:

Step 1

Bond's current price.

Coupon rate 8.75%

YTM 6.50%

Maturity 15

Par value$1,000

Periods/year 2

Determine the bond's price

PMT/period $43.75

N 30

I/YR 3.25%

FV $1,000.00

PV = Price $1,213.55

Step 2

Using the bond current price to find the YTC

Yrs to call 6

Call price $1,050.00

Determine the bond's Yield to call

N 12

PV $1,213.55

PMT $43.75

FV $1,050.00

I/YR 2.64%

Nominal YTC 5.27%

Therefore the bond's nominal yield to call is 5.27%

aleksklad [387]4 years ago
4 0

Answer:

5.01%

Explanation:

The bond nominal yield to call is  5.01%

You might be interested in
Predict how sports and entertainment marketing will change over the next decade.
Kitty [74]

Answer:

marketing will change the most over the next 10 years because location, browsing, and buying will be increasingly co-mingled. Analysts will use technological and psychological triggers to help us all buy more, and understand why we're buying.

Explanation:

3 0
3 years ago
Read 2 more answers
Evaluate South Africa's approach to redistribution of wealth and income ​
harina [27]

Answer:anser is

Explanation:

E

6 0
3 years ago
9. Study Question #9 Ch 7. Evaluate the following statement describing the strategy that East Asia used from the 1970s to the 19
horsena [70]

Answer:

East Asia's accomplishment in accomplishing a high development rate is a miracle.The example of overcoming adversity centers around outside trade,savings of government and above all in teaching young men and young ladies so that by accomplishing high education level they can accomplish high financial growth.East Asia likewise have a high PPP(Purchasing Power Parity)which helped them to accomplish high growth.Countries like China and Japan are putting more in colleges.  

Fare - situated methodology assumes a significant job being developed of East Asia.Many nations like Japan,Taiwan,China moved to send out polocies to cultivate high econmic growth.Of course,open exchange will be a significant development driven motor and the creating nations will considered it as a most significant weapon in accomplishing growth.Thus,industrialisation is a significant rebound for East Asia to accomplish high financial development.  

Therefore,industralisation,openness to trade,educational accomplishment and import-send out approaches helped East Asia to accomplish high econmic development.  

(b)We know the idea of 'theory of unavoidable losses or Total Factor Productivity.It states that at one point including one extra factor of creation brings about a lessening increment in output.For example,if we utilize laborers to fabricate an item then at a specific level the creation is steady and by utilizing more,the yield decreases.So we can say that the given articulation is valid.  

TFP is a significant factor for high development rate.East Asian nations have accomplished a high growth.Most of this is from factor accumulation.East Asia TFP can't and along these lines the nations lost their normal development achievement.High monetary development brings about low TFP.

8 0
4 years ago
The Talbot Company uses electrical assemblies to produce an array of small appliances. One of its high cost / high volume assemb
Pani-rosa [81]

Answer:

160

Explanation:

Reorder point is the inventory level at which new order are placed to prevent a down time due to stock out and and holding cost are also at the minimal level .

<u>Workings</u>

Annual demand = 8000

Ordering cost = $50

Holding cost = $20

Operating days = 250

Lead time =5 days

Re order point = Average daily usage * Average lead time

Average daily usage = 8000/250 = 32

Reorder point = 32*5 =160

3 0
3 years ago
A firm purchased 50 units of materials with a unit price of $1.30 on June 1. On June 15, the firm purchased 50 units with a unit
dsp73

Answer: $83

Explanation:

Given that,

On 1 June,

Materials purchased = 50 units

Unit price of material = $1.30

On June 15,

Materials purchased = 50 units

Unit price of material = $1.20

Total cost of 65 units:

= (Material purchased on 1 June × Unit price of material) + [(65 units - 50 units) × $1.20]

= (50 units × $1.30) + (15 units × $1.20)

= $65 + $18

= $83

8 0
3 years ago
Other questions:
  • Assume the following information for Kingbird Corp. Accounts receivable (beginning balance) $139,000 Allowance for doubtful acco
    5·1 answer
  • The benefits of belonging to professional organizations include the development of professional contacts and the opportunity to
    11·2 answers
  • A factory machine was purchased for $70,000 on January 1. It was estimated that it would have a $14,000 salvage value at the end
    12·1 answer
  • Green Caterpillar Garden Supplies Inc.'s income statement reports data for its first year of operation. The firm's CEO would lik
    13·1 answer
  • Evaluate how organizations can use one-sample hypothesis testing to determine if there are performance issues in the organizatio
    15·1 answer
  • In each part that follows, use the economic data given to find national saving, private saving, public saving, and the national
    8·1 answer
  • Working with people sometimes requires special techniques – what are some for graphic designer job?
    11·1 answer
  • During a recession, a number of workers have their hours reduced by their employers. All else the same, the unemployment rate wi
    14·1 answer
  • Henderson Company has fixed costs of $35,000 and a contribution margin ratio of 25%. If expected sales are $200,000, what is the
    15·1 answer
  • Select the BEST answer choice.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!