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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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one reason some manufacturing companies have moved production from overseas locations back to the united states is an increasing
Sloan [31]

Answer: C.  People are rational.

Explanation:

Economic theory assumes that people are rational when making economic decisions. This means that they will seek to make a decision that can satisfy them the most or give them the highest benefit.

This benefit does not always have to be monetary, it can also be emotional. The U.S. customers who prefer made in America products would therefore be emotionally satisfied by the decision of these manufacturing companies to move back to the U.S. and will patronize them more.

This decision to move back was therefore based on people being rational.

5 0
2 years ago
In marketing and consumer research, the conative component of the tricomponent attitude model is frequently treated as an expres
Ilya [14]

Answer:

C. Intention to buy

Explanation:

Attitude simply represents behaviour which is learned that makes an individual respond either in a favourable or unfavourable way to a particular object. It could be a good, service, product among others. Attitude is important in determining consumer behaviour and it greatly affects marketing

The Tricomponent Attitude Model is one of four categories of attitude models usually considered in marketing. The model consists of 3 parts or components as follows

a. The cognitive component- deals with the perceptions and knowledge of consumers about services, products or brands

b. Affective component- this general measures or assesses the disposition of a consumer to a product and it measures as favourable or unfavourable

c. Conative  component- This component of the tricomponent attitude mode is basically concerned with the consumer's intention to buy a particular product, patronise a brand or request a service.

7 0
3 years ago
Read 2 more answers
"Tariffs and other trade restrictions increase the domestic scarcity of products from abroad. Such policies benefit domestic pro
serg [7]

Answer: A

Explanation: Tariffs are imposed on foreign goods that are bought into a country. There are several reasons for the imposition of tariff such as revenue generation for the government, prevention of dumping, and protecting local industries.

When tariffs and other trade restrictions are placed on a product, it increases the domestic prices of such products. This is a blessing to domestic producers selling similar products because there will be an increase in demand for domestic products

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Bracken Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,100 client-visits, but
Vika [28.1K]

Answer:

the revenue variance is $1,990 unfavorable

Explanation:

The computation of the revenue variance is shown below:

Revenue variance

= Flexible revenue - actual revenue

= (2140 × $44.50)  - $93,240

= $1,990 Unfavorable

hence, the revenue variance is $1,990 unfavorable

8 0
3 years ago
The following is the sales budget for Coore, Inc., for the first quarter of 2019: JanuaryFebruaryMarch Sales budget$135,000$152,
ivann1987 [24]

Answer: See explanation

Explanation:

a. . Compute the sales for November.

This will be:

= ($96,000 - $78,800) / 10%

= $17200 / 10%

= $17200/0.1

= $172,000

b. Compute the sales for December.

This will be:

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= $78800 / 40%

= $78800 / 0.4

= $197000

c. Compute the cash collections from sales for each month from January through March.

January cash collection:

= ($172000 × 10%) + ($197000 × 30%) + ($135000 × 60%)

= $17200 + $59100 + $81000

= $157300

February cash collection:

= ($197000 × 10%) + ($135000 × 30%) + ($152000 × 60%)

= $19700 + $40500 + $91200

= $151400

March cash collection:

= ($135000 × 10%) + ($152000 × 30%) + ($167000 × 60%)

= $13500 + $45600 + $100200

= $159300

8 0
3 years ago
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