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ANTONII [103]
2 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]2 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.

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As a gift from your parents, you just received $50,000 for your education. You can earn an annual rate of 8% on your investments
VashaNatasha [74]

Answer:

annual withdrawal = $15096.04

Explanation:

given data

present value = $50,000

annual rate = 8%

time = 4 year

to find out

How much can you withdraw each year

solution

we find here annual withdrawal amount that is express as

annual withdrawal = \frac{present\ value}{\frac{1-(1+r)^{-t}}{r}}   ................1

here r is rate and t is time

so put here value we get

annual withdrawal = \frac{50000}{\frac{1-(1+0.08)^{-4}}{0.08}}  

annual withdrawal = \frac{50000}{3.31212}

annual withdrawal = $15096.04

7 0
3 years ago
Kermit calculated his total asset turnover to be 1.13. this tells kermit that:
Vikki [24]
Since Kermit calculated his total asset turnover to be 1.13, this tells Kermit that <span>every dollar of assets generates $1.13 in sales.

</span>Please note that it is useful to add the options provided with the question, in order to get an accurate answer and have your question answered quicker.

Hope this helps!!
3 0
3 years ago
Match the pairs to their respective categories.
Anestetic [448]
*matches pairs to respective categories*
4 0
3 years ago
Byrd Company produces one product, a putter called GO-Putter. Byrd uses a standard cost system and determines that it should tak
torisob [31]

Answer:

Results are below.

Explanation:

Giving the following information:

Estimated direct labor hours= 135,000

Estimated varaible overhead= $337,500

Estimated fixed overhead= $540,000

<u>To calculate the predetermined overhead rate, we need to use the following formula:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

<u>Variable:</u>

Predetermined manufacturing overhead rate= 337,500/135,000= $2.5 per direct labor hour

<u>Fixed:</u>

Predetermined manufacturing overhead rate= 540,000/135,000= $4 per direct labor hour

3 0
2 years ago
If a target was purchased for $1,500.0m with an equity contribution of $500.0m, what is the enterprise value of the target if it
posledela

Answer: a. $1,000.0m

Explanation:

Even though the company's enterprise value has no growth, the equity investment of the sponsor will rise from $500.0m when purchased to $1,000.0m when the target for the value of the enterprise is sold for $1500.0m.

The debt was $1000m at year 0 while the remaining $500m was for equity. It should be noted that at the fifth year, equity will be $1,000.0m while the debt will be $500m.

8 0
2 years ago
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