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Gnoma [55]
3 years ago
15

Three years ago, Joe bought a 5-year, 10% coupon paid semiannually bond for $1000. Currently, with interest rates having risen s

harply, the bond is selling for $800 and you decide to sell it off. If you had re-invested the semi-annual coupons as you received them, what would your realized yield be over the 3-year holding period? Round to two decimal places.
Business
1 answer:
ludmilkaskok [199]3 years ago
3 0

Answer:

3.63%

Explanation:

Semiannual coupon payment

= $100 ÷ 2 = $50[($1,000 × 10%) ÷ 2]

The total number of compounding period = 2periods per year × 3 years = 6 periods.

By entering the following data on a financial calculator, rate is calculated as 1.81%.

Semiannual yield = 1.81%

Annual yield = 1.81% ×2 = 3.63%

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Based on financial analysis, the importance of thoroughly checking your SAR is that "possessing an accurate SAR gives individuals the high tendency of earning a financial aid award."

Generally, the financial aid awards depend on the accurate details given in the SAR report.

However, should there be an error in the SAR report, here is the step you can take:

Either you correct or update your Free Application for Federal Student Aid, often referred to as FAFSA form.

The FAFSA form can be filled online.

SAR is an acronym for Student Aid Report.

Hence, in this case, it is concluded that SAR information is crucial for students that need financial aids.

Learn more here: brainly.com/question/24801462

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3 years ago
The statement made by Lynn Turner, former SEC chief accountant, "Are the auditors going to serve management, or are they going t
OleMash [197]

Answer:

B. Conflict between professionalism and commercialism

Explanation:

The conflict between professionalism and commercialism speaks to the debate on satisfying the management of an organisation as an auditor in order to meet economic situations and the need to be professionally independent of management in order to make a true and fair statement of the state of the organisation available to the shareholders as well as potential investors and the general public.

Because the management of an organisation runs the day to day affairs of that organisation, the Auditor in performing his duty interacts more with management and as such, the security of his future engagements may depend on favourable opinions of the management. This is commercialism

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4 0
3 years ago
The issues management process is a
Yuliya22 [10]

Answer:

A.

Explanation:

The issues management process is a systematic process companies use when responding to public issues that are of greatest importance to the business.

8 0
3 years ago
If you put up $52,000 today in exchange for a 6.5 percent, 16-year annuity, what will the annual cash flow be?
lidiya [134]
Hi, thank you for posting your question here at Brainly.

We use an equation to solve this problem:

P = A[ \frac{1- (1+i)^{-n} }{i} ]

where P = $52,000
           i = 0.065
           n = 16

52000 = A[ \frac{1- (1+0.065)^{-16} }{0.065} ]

A = $5,323.63 per year
6 0
3 years ago
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