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hammer [34]
3 years ago
6

A coupon bond that pays interest of $56 annually has a par value of $1,000, matures in 5 years, and is selling today at a $74.25

discount from par value. The current yield on this bond is _________.
Business
1 answer:
VashaNatasha [74]3 years ago
5 0

Answer:

The current yield on this bond is 110 %.

Explanation:

The following data can be extracted from the question :

pmt = $56

p/yr = 1

Fv = $1,000

n = 5

Pv = - $74.25

r = ?

The current yield on this bond r, can be calculated using a financial calculator.

Enter the data and obtain r as 109.8984%

Thus the  current yield of this bond is 110 %

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nika2105 [10]
When Brad John talks about the fact that he is going to have to create different financial plans depending on the amount of business the company is bringing in, he is referring to a cash flow plan. It estimates short and long-term expenses against projected incoming cash. This is a form of anticipation through creating cushion intended for unexpected expenses.
8 0
2 years ago
________ is an internationally recognized "missing child" safety program in the united states (and canada), originally created b
Paha777 [63]

Answer:

"Code Adam"

Explanation:

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5 0
3 years ago
Which of the following is an essential part of being an entrepreneur?
Molodets [167]

Answer:

B. Taking risks.

Explanation:

4 0
3 years ago
The nature of the tax system means that there is usually a trade-off between ___ and ___.
IgorC [24]

Answer:

<u>equity and efficiency</u>

Explanation:

Under the tax system there is no tax on losses. And also the losses can be carried forward and set off to profits in future.

When profits are earned the taxes are paid. After that the remaining profit is either distributed to equity or retained for future purposes.

The more efficiently the company works, higher will be the profit and higher will be the taxes.

As profit is for equity, and from that share the amount is given to tax authorities, which is some part of income, share of equity to tax.

Though it does not provide for right in company, but it is legal to pay the tax.

That is the price you pay for increasing or decreasing efficiency, in the form of income available for equity.

5 0
3 years ago
Select the correct answer.
Naya [18.7K]
C is the correct answer
4 0
3 years ago
Read 2 more answers
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