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irinina [24]
3 years ago
6

Bond outstanding with a coupon rate of 5.66 percent and semi-annual payments. The bond has a yield to maturity of 6.3 percent, a

par value of $2,000, and matures in 16 years. What is the quoted price of the bond?
Business
1 answer:
vagabundo [1.1K]3 years ago
3 0

Answer

Price of bond = 17.96825

Explanation:

Bond price = ∑(C / (1+YTM)^{n} )+  P /(1+i)^{n}

where

            n = no. of years

            C = Coupon payments

            YTM = interest rate or required yield

             P = Par Value of the bond

put values in above equation

  price = (5.66%/2) × 2000 × (0.31746) + ( 2000 ÷ 4.595×10^{18})

            = 17.96825

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Yes, I agree.

Find explanation below.

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2. Indirectly interactive whose impact on the business is not immediate. Examples include, the political , socio-cultural, economic influences among others.

Practical Examples:

1. Customers play a crucial role to the running of businesses. Managers must take care to listen to the concerns of the customers and attend to their needs urgently. For example, if a customer complains about his dissatisfaction with a style of service, managers should endeavor to address the concern to avoid losing the customer.

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In 2016, Teller Company sold 3,000 units at $600 each. Variable expenses were $420 per unit, and fixed expenses were $270,000. T
Aleksandr-060686 [28]

Answer:

1500

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The formula for calculating break even points = F / (P - V)

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I hope my answer helps you

6 0
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Since the 1970s, the largest area of job growth in the United States has been in the ______ sector; areas such as banking, healt
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The largest area of job growth in the United States has been in the service sector.

<h3>What are the service sectors?</h3>

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An Examples of service sector jobs are housekeeping, nursing, etc. The Service industries is made up of:

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Conclusively, The largest area of job growth in the United States as at 1970s has been in the service sector.

Learn more about service sector from

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2 years ago
Product or service offered, how much,<br> at what price
Bogdan [553]

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