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Tamiku [17]
4 years ago
15

Curtis Corporation's noncallable bonds currently sell for $1,165. They have a 15-year maturity, an annual coupon of $95, and a p

ar value of $1,000. What is their yield to maturity
Business
1 answer:
azamat4 years ago
7 0

Answer:

The answer is 7.61%

Explanation:

N(Number of periods) = 15 years

I/Y(Yield to maturity) = ?

PV(present value or market price) = $1,165

PMT( coupon payment) = $95

FV( Future value or par value) = $1,000.

We are using a Financial calculator for this.

N= 15; PV = -1165; PMT = 95; FV= $1,000; CPT I/Y= 7.61

Therefore, the Yield-to-maturity of the bond is 7.61%

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Kevin, a real estate broker, sold a property and received a 6-1/2% commission. Kevin gave the listings broker 30% of the commiss
Mama L [17]

Answer:

the selling price of the property is $183,333

Explanation:

The computation of the selling price of the property is as follows:

= (Price ÷ commission percentage) ÷ ( commission percentage)

= ($3,575 ÷  30%) ÷  (6.5%)

= $183,333.

Hence, the selling price of the property is $183,333

We simply applied the above formula so that the correct value could come

4 0
3 years ago
you buy a 20-year bond with a coupon rate of 9.8% that has a yield to maturity of 10.8%. (Assume a face value of $1,000 and semi
riadik2000 [5.3K]

Answer:

5.25

Explanation:

So basically, after doing all the addition of the percentage seperateley and the calculations i divided my amount and got 5.25. Hope this helps!

3 0
3 years ago
Rinker Audio Products has a fully-staffed purchasing department that procures various inputs. It also has various domestic manuf
Mandarinka [93]

Answer: Logistics

Explanation: Logistics refers to the group of complex operation that are to be performed within an organisation by different individuals under the guidance of various different experts of such tasks. These operations are dependent on each other for their effective performance.

Thus, we can conclude that the combination of Rinker's manufacturing, distribution and purchasing activities will collectively be called as logistics.

7 0
4 years ago
Executives of Company G receive high salaries and excellent benefits, in addition to stock options and numerous other perks. How
ss7ja [257]

Answer: Option (A) is correct.

Explanation:

Here, it's given that the shareholders believe jets be utilized for purposes which are in accordance with increasing the profits of Company G.

From the given comprehension the following must be true in order to support  the reason behind shareholders' objection: <em>Company G executives usually utilize corporate jets for personal travel. </em>

Since utilizing organizations's corporate jet for private use won't increase it's profit. This explains why the shareholders had an objection to executives' use of the corporate jets.

6 0
4 years ago
Ancho Corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel-based cars. The company real
trasher [3.6K]

Answer:

A) leveraging new core competencies to improve current market position.

Explanation:

As is given in the scenario, the people that the company Ancho is trying to get are <em>potential customers</em> rather than existing, hence they cannot be said to be building new core competencies <em>to protect and extend current market position</em>. That would have been the case if they were trying to keep those that were already customers to the company.

Ancho cannot also be said to be <em>redeploying existing core competencies to compete in future markets </em>because they are actually acquiring new competencies in electric car manufacturing which was not their original line of business.

There is also no case of <em>unlearning existing core competencies </em>because Anchor has deployed existing competencies in developing a hybrid car rather than just an electric one.

Hence Anchor is trying to get new customers while keeping the old ones and has made a car that will appeal to both existing and potential customers to improve current market position.

8 0
4 years ago
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