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Paul [167]
3 years ago
7

The bonds issued by Stainless Tubs bear an 8 percent coupon, payable semiannually. The bonds mature in 11 years and have a $1,00

0 face value. Currently, the bonds sell for $952. What is the yield to maturity?
Business
1 answer:
GenaCL600 [577]3 years ago
4 0

Answer:

8.69%

Explanation:

Face value (FV)=$ 1,000.00

Coupon rate=8.00%

Interest per period (PMT) =$30.00

Bond price (PV)=$ 952.00

Number of years to maturity 11

Number of compounding periods till maturity (N)                                                  22

Bond Yield to maturity RATE(NPER,PMT,PV,FV)*2 = 8.69 %

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You sell short 300 shares of Microsoft that are currently selling at $30 per share. You post the 50% margin required on the shor
Lostsunrise [7]

Answer:

20%

Explanation:

Data provided

Currently selling per share = $30

Cost of Microsoft after selling = $27

Margin percentage = 50%

The calculation of rate of return is shown below:-

Rate of return = (Currently selling per share - Cost of Microsoft after selling) ÷ Margin percentage × 100

= ($30 - $27) ÷ 50% × 30

= $3 ÷ 15

= 0.20

or

20%

Therefore for calculating the rate of return we simply applied the above formula.

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4 years ago
Which of the following is an objection to relying solely on Return on Market Investment (ROMI) results?
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3 years ago
Naomi has a home loan amount of $120,000. Her monthly principal and interest payment is $679.00 for thirty years. How much inter
Viktor [21]

Answer:

$124,440

Explanation:

Given a monthly principal and interest payment of $679, over the 30 year period, Naomi would have paid back

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= $124,440.

8 0
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An rn is a supervisor in an organization that has total quality management (tqm) as the backbone of its organizational goals and
miss Akunina [59]
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Timely bringing to attention abnormalities to the supervisor or doctor, can be crucial.

I he this is sufficient. It's about "doing the right things right, all the time, every time."
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4 years ago
The value of a brand can be defined as the
Mademuasel [1]

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