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ANTONII [103]
3 years ago
12

Abraham found a $1,000 face value bond that belonged to his father. He checked The Wall Street Journal and found the bond was cu

rrently selling for $1,220. This bond sells at a:_____
Business
1 answer:
asambeis [7]3 years ago
4 0

Answer:

Premium

Explanation:

Whenever a bond sells for more than its face value, it sells at a premium, which means that the investors are willing to pay more for the bond than its face value. This happens when the coupon payment percentage on the bond are higher than the yield to maturity of the bond, because the investors required return is the yield to maturity, when the bond pays more than the required return the investors are willing to pay more for the bond.

You might be interested in
________ is the conscious designing of retail space and its various dimensions to evoke certain effects in buyers.
Ivahew [28]

Answer:

Atmospherics

Explanation:

Atmospheric in retail space are referred to the tools used by the retailer to lure customer for visiting the store, these luring factors are very different from their rivals and keep them apart from others. These factors could be color, music, lighting, smell, design, etc which attract customers to enter the store for shopping, later customer ends up shopping as they like the atmosphere of the shop.

5 0
3 years ago
Suppose that TapDance, Inc.’s, capital structure features 65 percent equity, 35 percent debt, and that its before-tax cost of de
stealth61 [152]

Answer:

WACC 8.53600%

Explanation:

WACC = K_e(\frac{E}{E+D}) + K_d(1-t)(\frac{D}{E+D})

The Weighted average cost of capita lconsiders the weight of the equity times the cost of it.

And the wight of the dbet times the cost of financing after the tax shield.

Ke 0.11000

Equity weight 0.65

Kd 0.06

Debt Weight 0.35

t 0.34

WACC = 0.11(0.65) + 0.06(1-0.34)(0.35)

WACC 8.53600%

7 0
3 years ago
Most financial advisors say you'll need about 70 percent of your pre-retirement earnings to comfortably maintain your pre-retire
brilliants [131]

Answer:

False

Explanation:

8 0
4 years ago
Read 2 more answers
Clayborn Company' bank reconciliation as of May 31 is shown below.
Gwar [14]

Answer:

d) A credit to Cash of $600

Explanation:

The adjusting journal entries are shown below:

Bank service fees expense $25  

      To Cash $25

(Being bank service charge expensed)

Here the expenses is debited as it increased the expenses and credited the cash as it decreased the asset

Accounts Receivable $600

     To Cash $600

(Being NSF returned is recorded)  

Here the account receivable is debited as it increased the assets and credited the cash as it decreased the asset

So option d is correct

3 0
3 years ago
Swifty Company manufactures toasters. For the first 8 months of 2017, the company reported the following operating results while
SVEN [57.7K]

Answer:

Preparation of incremental analysis is below

Explanation:

The preparation of incremental analysis for the special order is shown below:-

Sales                                                                       $163,418

20,200 × $8.09                                      

Less: Variable cost of goods sold                         $106,132.43

($2,593,000 × 71% ÷ 350,400) × 20,200

Less: Operating expenses                                     $39,219.30

(839,900 × 81% ÷ 350,400) × 20,200

Less: Addition cost                                                   $3,000

Net profit                                                                   $15,066.27

3 0
3 years ago
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