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Cloud [144]
3 years ago
5

Moerdyk Corporation's bonds have a 15-year maturity, a 7.25% semiannual coupon, and a par value of $1,000. The going interest ra

te (rd) is 5.00%, based on semiannual compounding. What is the bond's price?

Business
1 answer:
stellarik [79]3 years ago
7 0

Answer:

$1,235.47

Explanation:

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

The NPER represents the time period.

Given that,  

Future value = $1,000

Rate of interest = 5%  ÷ 2 = 2.5%

NPER = 15 years × 2 = 30 years

PMT = $1,000 × 7.25% ÷ 2 = $36.25

The formula is shown below:

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

So, after solving this, the answer would be $1,235.47

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Answer:

The best transfer price to avoid transfer price problems is $2,310

Explanation:

Transfer Price = Variable cost + Fixed Fee

Variable Cost = Direct Material + Direct labor + Variable Overhead

                       = 600 + 1,200 + 300

                       = 2,100

Transfer Price = Variable cost + Fixed Fee

                        = 2,100 + 210

                        = $2,310

Therefore, The best transfer price to avoid transfer price problems is $2,310

3 0
3 years ago
Which of the following is the last step in creating a budget?
Rufina [12.5K]

Set savings and debt payoff goals


6 0
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Purchases Journal The following purchase transactions occurred during March for Rehoboth, Inc.:
gtnhenbr [62]

Answer:

See the explanation section.

Explanation:

Mar. 4    Cleaning supplies debit = $77

Accounts payable - Health-Rite Supplies credit = $77

<em>To record the purchase of supplies.</em>

Mar. 19   Office equipment Debit = $3,750

Accounts payable - office Warehouse Credit = $3,750

<em>To record the purchase of office equipment on account.</em>

Mar. 23   Cleaning supplies Debit = $224

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3 years ago
In an open economy, gross domestic product equals $2,450 billion, consumption expenditure equals $1,390 billion, government expe
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Answer:

$735 billion

Explanation:

Calculation to determine the national saving

Using this formula

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Let plug in the formula

National saving=$2,450 billion-$1,390 billion- $325 billion

National saving=$735 billion

Therefore the national saving is $735 billion

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1. A public relations manager plans to delegate crisis communications responsibilities to a subordinate. What characteristic wil
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The characteristic that the manager needs to assess of the subordinate prior to delegating responsibilities is:

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The type of leadership training that is being provided by the human resource director is:

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<h3>What is Situational Leadership?</h3>

Situational leadership is seen when a manager delegates tasks based on the performance readiness of his staff.

The performance readiness in this case combines the ability of the person receiving the task and their willingness to execute the assigned task.

Learn more about situational leadership here:

brainly.com/question/14564324

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