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
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

You might be interested in
A beverage company puts game pieces under the caps of its drinks and claims that one in six game pieces wins a prize. the offici
jek_recluse [69]
Coke and yes 1 in 6 is correct
5 0
3 years ago
An appraiser has assigned the following weights to three adjusted sale prices: Comparable 1: $329,500 45% weight Comparable 2: $
n200080 [17]

Answer:

$322,990

Explanation:

The reconciled estimated market value of the subject property will be calculated as follows:

($329,500 X 0.45) + ($320,900 X 0.35) + ($312,000 X 0.2) = $322,990

8 0
3 years ago
Which facility has enabled rural hospitals to have increased access to specialist consultations?
pantera1 [17]

Answer:

<em>Telemedicine</em>

Explanation:

Distributing health related information and services via telecommunication technologies and electronic information is called telemedicine. The contact between patient and clinician is long distance.

The clinician used electronic means such as computers to intervene, monitor and educate the patient. Livongo health and Teladoc are two famous tele medicine companies.In US telemedicine has successfully reduced the healthcare costs and improved the patient access to medical care. According to a study 61 percent of healthcare institutions in US use tele medicine.

4 0
3 years ago
What benefits do you expect to achieve from career exploration?
lidiya [134]
You expect to find and increase knowledge of  what really fits for you to do for the rest of your career life.
6 0
3 years ago
To conduct an experiment, a movie theater increased movie ticket prices from $9 to $10 and measured the change in ticket sales.
AleksandrR [38]

Answer:

1. The elasticity of demand for movie tickets must be INELASTIC.

2. Demand curves become LESS elastic in the long run. This means that the ticket price increase will likely be MORE profitable in the long run.

Explanation:

1. As demand is inelastic, the percentage of price increase will be greater than the decrease in the quantity of tickets demanded, and consequently profit will increase.

2. In the long term, demand becomes inelastic. Consequently, in the long term the percentage of the price increase will continue to be greater than the percentage of decrease in the quantity of tickets demanded.

7 0
3 years ago
Other questions:
  • Farmer and Taylor formed a partnership with capital contributions of $250,000 and $300,000, respectively. Their partnership agre
    12·1 answer
  • On a graph, a _______ shows the demand portion of equilibrium.
    13·2 answers
  • Allise Industries manufactures and exports copper wiring to markets all over the world. It has adopted an advertising organizati
    13·1 answer
  • When Dave, Dan, and Darwin lost their jobs during the recent recession, they pooled their resources, borrowed a little more, and
    15·1 answer
  • Why shouldn’t a legal firm represent both parties in a lawsuit
    13·1 answer
  • Dorcan Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $8.4
    6·1 answer
  • Pecan Corporation’s controller has just finished preparing a consolidated balance sheet, income statement, and statement of chan
    7·1 answer
  • On average, a book sells for $50. Variable selling expenses are $5 per book with the remaining selling expenses being fixed. The
    5·1 answer
  • Hi, this is Business statistics. Please help me. Thank you
    13·1 answer
  • During January, 7,175 direct labor hours were worked at a standard cost of $20 per hour. If the direct labor rate variance for J
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!