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Elis [28]
3 years ago
11

In November 2017, Treasury 4 1/2s of 2044 offered a semiannually compounded yield to maturity of 2.66%. Recognizing that coupons

are paid semiannually, calculate the bond's price. Assume face value is $1,000. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Business
1 answer:
Alexxx [7]3 years ago
6 0

Answer:

The price of a bond is $492.24

Explanation:

F= face value of bond = $1000

T=time to maturity of bond = 2044-2017= 27 years

r=yield to maturity=2.66% semi-annulay=0.0266

Formula to calculate price= F/(1+r)∧T

we have = 1000/(1+.0266)∧27 = 1000/2.0315 = $492.24

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1. The Department of Justice filed a lawsuit against Microsoft claiming it was engaging in unfair practices by​ ____________.
Oksi-84 [34.3K]

Answer:

1. B. monopolizing the market by bundling its operating system with its Internet Explorer browser.

2. A. network externalities.

Explanation:

Lawsuit was filled againts Microsoft claiming that it was engaging in unfair trade practices by (B) monopolizing the market bu bundling its operating system with its internet explorer browser.

They argue that modern software can gain monopoly status and establish a barrier to entry through (A) network externalities.

5 0
3 years ago
Which is an example of a person who is ambitious?
DerKrebs [107]

Answer:C. someone who is content to accept whatever comes their way

Explanation:

It's because the definition is perfectly helptful.having or showing a strong desire and determination to succeed.

6 0
2 years ago
If the demand and supply curves for product X are stable, a goverment mandated increase in the price of X will:_______
shepuryov [24]

Answer: C. . increase the quantity supplied of X and decrease the quantity demanded of X.

Explanation:

If the demand and supply curves for product X are stable, a goverment mandated increase in the price of X will result into the increase the quantity supplied of X and decrease the quantity demanded of X.

This is because when there is a rise in price, the suppliers will be willing to supply more while the consumers will demand less of the product.

4 0
3 years ago
Teal Company sells televisions at an average price of $814 and also offers to each customer a separate 3-year warranty contract
ki77a [65]

Answer:

A.

Dr Cash 266,178

Cr Sales Revenue 243,741

Cr Unearned Warranty Revenue 22,437

b)Current Liabilities:Unearned Warranty Revenue 90,579

Long-term liabilities:Unearned Warranty Revenue 181,158

Explanation:

Teal Company

A.

Dr Cash (814*327) 266,178

Cr Sales Revenue 243,741

Cr Unearned Warranty Revenue (277*81) 22,437

b)Current Liabilities:Unearned Warranty Revenue 90,579

(327×277)

Long-term liabilities:Unearned Warranty Revenue 181,158

(90,579×2)

4 0
3 years ago
During the month of May, a company performed $2,400 of cash services and $3,300 of services on account. The journal entry at the
Tanya [424]

Answer:

Debit : Cash  $2,400

Debit : Account Receivables $3,300

Credit : Revenue $5,700

Explanation:

Revenue is recognized when a firm transfers the control of goods or services not when paid.

So this journal must both recognize the Assets in Cash and Assets in Trade Receivables since control for the services has already been transferred.

The journal entry at the end of the month to record this transaction would be :

Debit : Cash  $2,400

Debit : Account Receivables $3,300

Credit : Revenue $5,700

3 0
2 years ago
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