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
uranmaximum [27]
3 years ago
11

Rachel McGovern bought a 10-year bond for $921.77 seven years ago. The bond pays a coupon of 15 percent semiannually. Today, the

bond is priced at $961.22. If she sold the bond today, what would be her realized yield
Business
1 answer:
trasher [3.6K]3 years ago
5 0

Answer:

17%

Explanation:

Purchase price of bond = $921.77

Years investment held = n = 7

Coupon rate = C = 15%

Frequency of payment = m = 2

Annual coupon = $1,000 × (0.15/2) = $75.00

Realized Yield = i

Selling price of bond = PB = $961.22

The realized rate of return is approximately 16.6 percent. Using a financial calculator provided an exact yield of 16.625 percent.

You might be interested in
When incorporating, a business
DedPeter [7]

Answer:

May incorporate in any state it chooses.

Explanation:

Incorporation can be defined as the creation of a new business which will have equal rights as that of an individual.

The different steps for incorporation include:

- Proper documentation of the reports of incorporation.

- Choosing a suitable name for the business.

- Documenting the various operational agreements.

- Appointing managers to supervise the daily activities.

- Getting a federal employment identification number.

- Opening accounts for keeping the revenues that will be generated by the company.

- Employing diffetents workers to carry out various activities in the company.

5 0
3 years ago
AnthonyAnthony​'s Chair Factory currently employs 100100 ​workers, who produce 800800 chairs. If AnthonyAnthony hires a 101101st
Nostrana [21]

Answer:

average product = 9.16

Explanation:

given data

currently employs =  100 worker

produce = 800 chair

hire = 101 worker

output = to 925

to find out

average product of the 101 worker

solution

we get here average product that is express as

average product = \frac{output}{input}   ..................1

here output is 925 and input is 101 worker so put here value we get

average product = \frac{925}{101}

average product = 9.16

6 0
3 years ago
A truck rental company rents a moving truck for one day by charging $ 34 plus $ 0.05 per mile. Write a linear equation that rela
lara [203]

Answer:

C = 0.05*x + 34

Explanation:

There are several ways to approach this problem. However, we will follow a logical and simple procedure.

It is always possible to write any linear equation as:

y = mx + b, where:

m = slope

b = y-intercept (value when x = 0)

The problem statement guarantees us that b=34, because if we do not drive any mile (x=0), then the cost should be equal to $ 34. Also, we know that m=0.05, because every driven mile (increase in x by 1) the cost should increase by $5. Therefore, we can write the linear equation as:

y = 0.05x + 34

Changing the dependent variable y for C (to relate it with the cost) we have that:

C = 0.05x + 34

6 0
3 years ago
Three types of financial assistance that can be applied for after Grade 12​
il63 [147K]
1. scholarships
2. loan assistance
3. Student Employment
8 0
3 years ago
Some organizations have the project sponsor complete a ____________ form to close a project or phase.
Harrizon [31]

Some organizations have the project sponsor complete project completion/ Client acceptance form to close a project or phase.

The Client Acceptance form means add up of the delivered solution, it confirms what deliverables has been yielded to the client and that the client has accepted those deliverables.

A project acceptance form is a document that, when implemented, means formal, written approval of the complete project. It accepts that all project requirements have been achieved and that all deliverables are completed.

An Acceptance Form assists to gain approval from the customer that the production done is according to the needs of the customer. An Acceptance Form includes all of the Acceptance Criteria for attaining the approval of the customer.

To learn more about project completion/ Client acceptance form here

brainly.com/question/15090038

#SPJ4

8 0
1 year ago
Other questions:
  • Samantha goes to the grocery store to make her monthly purchase of ginger ale. As she enters the soft drink section, she notices
    9·1 answer
  • Al invested $7,200 in an account that pays 4 percent simple interest. how much money will he have at the end of five years?
    6·1 answer
  • An airline company would like to easily locate lost luggage. What technology would make it easier for them to locate the luggage
    6·1 answer
  • Journal EntryThe company has an unadjusted debit balance in Accounts Receivable of $25,000 and an unadjusted credit balance of $
    11·1 answer
  • Francis Companyhas 24,000 shares of common stock outstanding at the beginning of 2019. Francis issued 3,000 additional shares on
    14·1 answer
  • One primary function of Harriet's job is to study individuals, groups, or organizations and the processes they use to select, se
    10·1 answer
  • Which transaction would cause one asset to increase and another asset to decrease?
    5·1 answer
  • Would the outcome have been different if the roles of board chairman and CEO in BP had been combined, as in many large American
    13·1 answer
  • Mention three barriers to interpersonal communication and how to overcome them
    14·1 answer
  • Ally Bank has more than $95 billion in customer deposits but has no brick-and-mortar locations. The bank provides high levels of
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!