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Lorico [155]
3 years ago
8

Sweet Sue Foods has bonds outstanding with a coupon rate of 5.44 percent paid semiannually and sell for $1,930.36. The bonds hav

e a par value of $2,000 and 17 years to maturity. What is the current yield for these bonds
Business
1 answer:
tigry1 [53]3 years ago
6 0

Answer:

Current yield=5.6%

Explanation:

<em>The current yield is the proportion of the current price of a bond earned as annual  interest payment.</em>

<em>Current yield = annual interest payment/bond price</em>

<em>Annual interest payment = coupon rate × face value</em>

                                          = 5.44% × $2000

                                          = $108.8

Current yield

= annual interest payment/price

= $(108.8/1,930.36) × 100

= 5.6%

Note we used the annual interest payment nothwithstanding that interests are paid semi-annually

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Not involved In the production process

Eg. Selling expenses or advertising expenses

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3 years ago
An attractive business climate is defined by only one dimension: it minimizes the political risk to a company.
kari74 [83]
I believe the correct answer is false. <span>An attractive business climate is not defined by only one dimension: it minimizes the political risk to a company. Other than this, there are other indicators present. Hope this answers the question. Have a nice day.</span>
4 0
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On September 1, Capitol Maintenance Company contracted to provide monthly maintenance services for the next seven months at a ra
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Answer:

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Explanation:

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Sept 1    Cash                                     $16,100

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5 0
2 years ago
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jarptica [38.1K]

Answer:

micro-merchandising

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In this type of practice , the needs and demands of the consumer is the main focus of this merchandising .

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The correct answer is micro-merchandising .

3 0
3 years ago
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I'd pick C.

4 0
3 years ago
Read 2 more answers
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