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mariarad [96]
3 years ago
5

g The $1,000 face value bonds of Trident Corporation have coupon of 5.5 percent and pay interest semiannually. Currently, the bo

nds are quoted at 98.02 and mature in 12 years. What is the yield to maturity
Business
1 answer:
Maslowich3 years ago
6 0

Answer:

The answer is 5.73%

Explanation:

Given Coupon rate=5.5%; Years of maturity= 12years, Face value bonds= $1,000, Price=98.2

NPER= Years of maturity *2= 12*2=24

PMT= (Face value * coupon rate)/2= (1000*5.5)/2= 5500/2= 2.75

Therefore:

Rate = (NPER, PMT, -Price, Face value)= (24, 2.75, -98.2, 1000)= 2.87%

Yield to maturity= Rate *2= 2.87*2= 5.73%

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Clemson University Urgently needed $30 million to properly execute a student testing plan during fall of 2020. Clemson approache
VARVARA [1.3K]

The financing cost of Clemson to secure the investment will be $2.2875 million.

<h3>How to calculate the financing cost</h3>

From the information, we've to calculate the simple interest first. This will be:

= PRT/100

= (30 × 0.75 × 8.5)/100

= 1.9125 million

The fee is 1.25% of the issue size. This will be:

= 1.25% × $30 million

= $375000

Therefore, the financing cost will be:

= $1.9125 million + $0.375 million

= $2.2875 million

Learn more about financing cost on:

brainly.com/question/24576997

5 0
2 years ago
Informative advertising :
astra-53 [7]

Answer: c. is designed to describe a product’s characteristics and is usually associated with search goods.

Explanation: Advertising is a commercial solicitation designed to sell some commodity, service or similar with the aim to inform, persuade and to remind. Informative advertising is designed to describe a product’s characteristics, is usually associated with search goods and creates awareness of brands, products, services, and ideas. Thus, it announces new products as well as educating the target audience about the various attributes and benefits of the product.

4 0
3 years ago
Read 2 more answers
_____ is a way of producing a response to a stimulus by repeatedly pairing it with another stimulus that automatically produces
Anna [14]

Answer:

The answer is: C) Classical conditioning

Explanation:

Classical conditioning is a form of learning that pairs two stimuli; a conditioned stimulus becomes associated with an unconditioned stimulus. That way the association of both stimuli will produce a behavioral response.

A Russian psychologist named Ivan Pavlov was the first person to develop classical conditioning theory that's why some people call it Pavlovian conditioning.

3 0
3 years ago
The table below represents how Marco feels about chocolate candy bars.
Inessa05 [86]

Answer:

A. Chocolate Candy Bars Total Utility (utils) Marginal Utility (utils

0 0 —

1 25 25

2 42 17

3 54 12

4 62 8

5 66 4

6 65 –1

2. Soda

Explanation:

A.Chocolate Candy Bars Total Utility (utils) Marginal Utility (utils)

0 0 —

1 25 25

2 42 17

3 54 12

4 62 8

5 66 4

6 65 –1

1. In a situation where the consumption go up from 0 to 1, this means that total utility will from 0 to 25.

Therefore the , marginal utility will be 25 (25 – 0).

2. Total utility will be 42(25+17)

3. Marginal utility will be 12 (54-42)

4. The total utility for quantity of 5 is 66, while the marginal utility is 4.

Hence the total utility will be 62 (66 – 4) while marginal utility will be 4(12-8)

6. Total utility will be 65(66-1)

B. Based on( A )above Marco already has two candy bars, which gave him a total utility of 42 this means that when we Add soda his utility would increase to 64 (42 + 22)

And in a situation where he consumes four candy bars which is 2 candy bars + another 2 extra candy bars this means his utility will be only 62.

Based on this Soda will be the preferred one

5 0
3 years ago
Suppose the elasticity of demand for cereal is 1. if cereal increases in price by 25 percent, how much will the quantity demande
notka56 [123]
25 percent is the answer
3 0
3 years ago
Read 2 more answers
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