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krok68 [10]
3 years ago
10

Setrakian Industries needs to raise $83.3 million to fund a new project. The company will sell bonds that have a coupon rate of

5.88 percent paid semiannually and that mature in 30 years. The bonds will be sold at an initial YTM of 6.61 percent and have a par value of $2,000. How many bonds must be sold to raise the necessary funds
Business
1 answer:
SOVA2 [1]3 years ago
7 0

Answer:

The question is missing the options, which can be found in the attached.

The number of bonds necessary to raise the funds is 46,009

Explanation:

First of all, I calculated the price at which would be issued using the pv formula in excel, which =pv(rate,nper,pmt,fv)

rate is the yield to maturity divided by 2 because it is semi-annual payment

nper is 30 years multiplied by 2

pmt is the semi-annual coupon payment

fv is the $2000 payable on maturity

Find attached.

Download xlsx
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A market order has: a. Price uncertainty but not execution uncertainty. b. Both price uncertainty and execution uncertainty. c.
Ipatiy [6.2K]

Answer:

The correct answer is letter "A": Price uncertainty but not execution uncertainty.

Explanation:

When talking about trading orders, a market order is executed whether to buy or sell a security at market price. The market order does not follow the security's price at the bid or ask, it usually follows the last price at which the security was sold. Thus, that <em>price is always uncertain.</em>  

The benefit of market order relies on the execution. Traders will not have to wait until another trader is willing to buy or sell at their desired level. The <em>market order will execute the order almost automatically</em> at the price the market has available.

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3 years ago
What does deficit spending require a government to do?
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Answer:

c. TAKE ON DEBT

Explanation:

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Justice enterprises has current assets of $593 million and current liabilities of $316 million. what is their current ratio?
Inessa [10]
To solve this problem, first, we must know the formula to get the current ratio. 
                           Currents Assets
Current Ratio=  -------------------------
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So in this problem the current assets and current liabilities are given which are the following:
   CA= $593,000,000
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What is Expansionary fiscal policy ?</h3>

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Inconclusion the inflation rate will be _<u>higher</u><u>_</u>and real GDP will be <u>higher.</u>

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