1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
slavikrds [6]
3 years ago
11

What is the yield to maturity of a nineminusyear bond that pays a coupon rate of​ 20% per​ year, has a​ $1,000 par​ value, and i

s currently priced at​ $1,407? Assume annual coupon payments.

Business
1 answer:
snow_lady [41]3 years ago
8 0

Answer:

12.28%

Explanation:

In this question, we use the Rate formula which is shown in the spreadsheet.  

The NPER represents the time period.  

Given that,  

Present value = $1,407

Future value or Face value = $1,000  

PMT = $1,000 × 20% = $200

NPER = 9 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this, the answer would be 12.28%

You might be interested in
Which PCI security requirement relates to the physical protection of banks’ customer data?
iVinArrow [24]

The answer is <u>"D. Network vulnerability management".</u>


A network vulnerability assessment is the way toward auditing and dissecting a PC arrange for conceivable security vulnerabilities and escape clauses.  

It is utilized by system chairmen to assess the security design and safeguard of a system against possible vulnerabilities and dangers.  

A network vulnerability assessment helps network administrators or organize security staff to evaluate the security quality of a specific system.

4 0
3 years ago
Read 2 more answers
Lists two things that both increase the money supply?
DENIUS [597]

Answer:

Decrease is taxes

Increase in government spending

Explanation:

Government policies that increases the money supply in an economy is known as expansionary fiscal policy. They are:

1. Decrease is taxes - when government reduces the tax rate, the amount paid as taxes falls and as a result individuals, companies have higher disposable income whuch can be used for consumption or saving. This increases the money supply in the economy.

2. Increase in government spending - if the government increases it's spending on public goods for example, money supply would increase. If the government constructs a road, labour would be employed and paid wages. This payment increases the income of Labour and money supply increases.

Central bank policies that increases money supply are known as expansionary monetary policies. They include:

1. Open market purchase: The central bank purchase securities from the open market to increase money supply.

2. Reduction in reserve requirement ratio : if the reserve requirement ratio is reduced , commercial banks would have more money to give out as loans and this would increase money supply.

6 0
3 years ago
A _____ is a form of business ownership that is considered to be separate from its owners or stockholders.
Yuliya22 [10]
I think it's freelance but I could be completely wrong
8 0
3 years ago
A company has the following liabilities at year end: Mortgage note payable; $16,000 due within 12 months $355,000 Short-term deb
Grace [21]

Answer:

The amount that the company should include in the current liability section of the balance sheet is $16,000

Explanation:

The short-term debt that the company is refinancing with long-term debt is non-current and  deferred tax liability arising from depreciation is also non-current and should be disclosed as such in the Balance sheet after the sub-heading long-term borrowings.

Therefore, The amount that the company should include in the current liability section of the balance sheet is $16,000

4 0
3 years ago
When a company does not have any convertible securities or options or warrants outstanding, the company has:
WITCHER [35]

Answer: Simple capital structure

Explanation: A company that does not have potentially dilutive or convertible securities in its capital structure, is said to have a simple capital structure. In a simple capital structure, the corporation finance its operation with common stock or non convertible preferred stock.

Hence , from the above we can conclude the right option is C.

6 0
2 years ago
Other questions:
  • Lupe wants an account into which she can deposit her paychecks. She also wants to use the money in her account to pay for her ex
    6·2 answers
  • Which of the following responsibilities must be assumed by the management of a company?
    13·1 answer
  • Newark Company has provided the following information: Cash sales, $540,000 Credit sales, $1,440,000 Selling and administrative
    11·1 answer
  • Dée Trader opens a brokerage account and purchases 100 shares of Internet Dreams at $56 per share. She borrows $3,500 from her b
    10·1 answer
  • A credit card allows _____.
    13·2 answers
  • Suppose income increases by 25 percent​ and, as a​ result, the quantity of a particular brand of automobile demanded​ (holding t
    6·1 answer
  • Ruddick Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just comp
    9·1 answer
  • A company has two products: A1 and B2 . It uses activity based costing and has prepared the following analysis showing budgeted
    9·1 answer
  • . In 2015, The Avengers: Age of Ultron generated about $191.2 million on its opening weekend. In 2007, Spider Man 3 generated $1
    8·1 answer
  • How do you find the total fixed cost using the table
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!