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
SSSSS [86.1K]
4 years ago
14

Dyl Inc.'s bonds currently sell for $1,040 and have a par value of $1,000. They pay a $65 annual coupon and have a 15-year matur

ity, but they can be called in 5 years at $1,100. What is their yield to maturity (YTM)?
Business
1 answer:
Dovator [93]4 years ago
3 0

Answer:

Their yield to maturity (YTM) is 6.11%

Explanation:

Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.

Face value = F = $1,000

Coupon payment = $65

Selling price = P = $1,040

Number of periods = n = 15 years

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

Yield to maturity = [ $65 + ( $1,000 - $1,040 ) / 15 ] / [ ( 1,000 + $$1,040 ) / 2 ]

Yield to maturity = [ $65 - 2.67 ] / $1,020 = $62.33 / $1,020 = 0.0611 = 6.11%

You might be interested in
How is the unemployment rate calculated?
nasty-shy [4]

Answer:

hi, tge answer is C - Number of Unemployed Persons / Labor Force.

7 0
3 years ago
A customer's desire for a product coupled with the buying power or resources to obtain that product is called a ________.
Doss [256]
Pls help or ill fail
5 0
2 years ago
While managing a successful Google Ads campaign, why would you choose automated bidding instead of manual bidding? Because cross
luda_lava [24]

Answer:

Because given the dynamic nature of Google's auctions, the appropriate bid can often be a moving target that's challenging to reach at scale when using manual bidding.

Explanation:

Above all, the adequate strategy depends on your company's marketing goals. Therefore, it is wise to always take into consideration that first. When manually bidding the auctions, it is important to understand the downside of doing so. The actual bids can vary depending on each situation.

For example, you have determined that a specific keyword is of extreme value for your business, so you set a high manual bid for it. But, what happens when it doesn't get searched for a while or simply gets dominated by a group of complimentary keywords? That is exactly why automated bidding gets more convenient and simple.

5 0
4 years ago
A master plan is devised for
Georgia [21]
A master plan is devised for long-range goals
7 0
4 years ago
Anne Beck recently took over a beauty supply store. Her predecessor always ordered shampoo in quantities of 100 units. Anne is r
inysia [295]

Answer:

Anne should increase the order quantity to 162 units, that way the company will save $154 per year.

Explanation:

economic order quantity (EOQ) = √(2SD / H)

  • order cost = $35
  • holding cost per unit = $8
  • annual demand = 3,000 units

EOQ = √[(2 x $35 x 3,000) / $8] = 162 units

total order cost per year = order costs x number of orders = $35 x (3,000 / 100) = $35 x 30 = 1,050

holding costs per year = average inventory x holding cost = 50 x $8 = $400

if EOQ is used:

order cost per year = (3,000 / 162) x $35 = $648

holding cost per year = 81 x $8 = $648

total savings = ($1,050 + $400) - ($648 + $648) = $154

8 0
4 years ago
Other questions:
  • A question asked in a market survey asks for a respondent's favorite car color. which measure of central location should be used
    7·1 answer
  • Character traits like passion, perseverance, and integrity can determine your success.
    14·1 answer
  • The Keynesian model’s main implication for economic indicators is
    8·1 answer
  • The management of Leyton Electronics Inc. always favors market orientation over the other marketing management philosophies. In
    11·1 answer
  • IM.72 The Candy Shack has a monthly demand of 150 bags of Watermelon Slices. They pay $10.97 for each box of candy which contain
    10·1 answer
  • You earn a salary of $52,000 per year and get paid biweekly. Calculate
    7·1 answer
  • You have noticed that paying higher wages attracts more productive employees. However, you are concerned that there may be a lim
    11·1 answer
  • Some of the characteristics of the new breed of global leaders include Question 8 options: a) The skills and abilities to intera
    13·1 answer
  • Oscar owns a meat processing plant that emits unpleasant odors that waft across the city. Because his production of processed me
    10·1 answer
  • Four fundamental factors affect the cost of money:
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!