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Svetach [21]
3 years ago
14

Global Communications has a 7 percent, semiannual coupon bond outstanding with a current market price of $1,023.46. The bond has

a par value of $1,000 and a yield to maturity of 6.72 percent. How many years is it until this bond matures?
Business
1 answer:
Alex787 [66]3 years ago
3 0

Answer:

Years to Maturity = 12.53

Explanation:

Coupon Rate = 7.00%

Coupon Periods = 2

Perpetuity Value = 1,041.67

Price = 1,023.46

Discounted Perpetuity Value = 455.17

Yield to Maturity = 6.72%

Annuity Value = 586.49

Discounted Face Value = 436.97

Semiannual Coupon = 35.00

Price 1,023.46

Periods to Maturity = 25.05

Semiannual Yield = 3.36%

Years to Maturity = 12.53

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What are two resources that may be useful in disassembling a laptop computer?
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The balance sheet category "Intangible Assets" includes:
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Raven Company has a target of earning $71,200 pre-tax income. The contribution margin ratio is 16%. What amount of dollar sales
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First and foremost, the formula for determining the contribution margin ratio can be used to determine the target dollars sales as shown below:

contribution margin ratio=contibution margin/sales revenue

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