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
4vir4ik [10]
3 years ago
7

Wine and Roses, Inc., offers a bond with a coupon of 10.0 percent with semiannual payments and a yield to maturity of 11.00 perc

ent. The bonds mature in 9 years. What is the market price of a $1,000 face value bond?

Business
1 answer:
romanna [79]3 years ago
6 0

Answer:

$943.77

Explanation:

We use the present value formula i.e to be shown in the attachment below:

Data provided in the question

Future value = $1,000

Rate of interest = 11%  ÷ 2 = 5.5%

NPER = 9 years × 2 = 18 years

PMT = $1,000 × 10% ÷ 2 = $50

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the market price of the bond is $943.77

You might be interested in
Misaki, a sales manager at a startup cosmetics company, wants to determine her company’s market potential. She first develops a
Viefleur [7K]

The type of approach Misaki is using to determine her company's market potential is the breakdown approach, used to determine the size of sales forces needed in a company.

<h3 /><h3>Breakdown approach</h3>

Corresponds to a method used to identify an organization's sales force, through projections for future sales and past sales history.

Therefore, in the breakdown approach, the total sales value identified by the sales projection is divided by the sales generated by each sales professional, assuming that each one reaches the same level of productivity.

The correct answer is:

  • Breakdown approach

Find out more information about breakdown approach here:

brainly.com/question/5775960

6 0
2 years ago
When Benjamin purchased a camera at Best Buy, the cashier asked him for his home zip code. Which of the following approaches was
Anna11 [10]

Answer:

The correct answer is E) Customer spotting .

Explanation:

The detection of needs in the sale is the third step, of the six that must be taken to increase the possibilities of selling.

The detection of needs consists specifically in asking your client a series of questions that you have to have prepared in advance, in order to discover:

  1. What are the real needs they have
  2. If the products or services you have in your portfolio are suitable for what you need.

Not carrying out a correct detection of needs forces you to walk blindly and thus lose many chances of achieving success.

Keep in mind, that it is in this step where it is most important that you pay attention and listen to what the client has to say.

4 0
3 years ago
Consultant susan wheelan encourages appointed leaders to adjust their leadership style to the group's:
brilliants [131]

Answer:

The correct answer is stage of development.

Explanation:

Leadership is a process, not a punctual act. A person does not go from having little impact on others to having a great influence from one day to another, it takes an evolution and especially the necessary step through the 4 stages of leadership.

When we analyze the different types of leaders that have an impact, we realize what kind of steps they have taken to get there, what different phases they have had to go through and what their evolution has been. This model helps us to contextualize the place in which a person is and what the next steps would be to improve their leadership capacity.  

Stage I. Depend on other people

Stage II: Individual and independent contribution

Stage III Contribution through others

Stage IV: Leadership through a vision

3 0
3 years ago
find the agi and taxable income. responses$20,222 and $7,822$20,222 and $7,822$19,007 and $6,362$19,007 and $6,362$19,007 and $7
Ganezh [65]

A person's taxable income is calculated by deducting all allowable deductions and tax-free expenses from their gross total income, which is a rather straightforward formula.

When applied to a person, it is represented as, Formula for Calculating Taxable Income: Gross Total Income - All Exemptions - All Deductions

Income subject to tax: $19,606

$41,821 in taxable income

9,838 Taxable Income

The amount of income used to determine how much tax an individual or business owes the government in a specific tax year is known as taxable income. Knowing one's total taxable income is crucial because it makes calculating the final amount of tax that will be paid or refunded much simpler.

To know more about taxable income click here:-

brainly.com/question/17961582

#SPJ4

7 0
1 year ago
Early in 20x3, Shifter, Inc. wrote put options for 1,000 shares of its common stock. Purchasers of the options can sell Shifter
OLEGan [10]

Answer: shifter discovers a loss of $3000

Explanation:

Because Shifter paid $5,000 more for the treasury stock than its fair value: 1,000 shares × ($20 − $15). The $2,000 fee (1,000 × $2) offsets that loss yielding a net loss of $3,000

7 0
3 years ago
Other questions:
  • In two or three sentences, describe the labor market.
    9·2 answers
  • 2-1.3 Which of the following statements about data storage is (are) true? A chart of accounts is a list of the numbers assigned
    11·2 answers
  • 1. Jesse wants to see a structure chart. She said to use program modules based on the processes we identified earlier. She wants
    15·1 answer
  • Beyers Corporation provides security services. Selected transactions for Beyers are presented below.
    13·1 answer
  • Which of the following is an advantage of the corporate form of business when compared to sole proprietorships and partnerships?
    5·1 answer
  • A firm is analyzing two possible capital structureslong dash30 and 50 percent debt ratios. the firm has total assets of​ $5,000,
    5·1 answer
  • The Accumulated Earnings column of the employee earnings record (A) shows net pay for the year. (B) is the total earnings since
    5·1 answer
  • Transactions The selected transactions below were completed by Cota Delivery Service during July: Indicate the effect of each tr
    7·1 answer
  • A project that provides annual cash flows of $18,200 for nine years costs $88,000 today.
    12·1 answer
  • Have you ever witnessed fan misbehavior? describe the experience and how it impacted the value you received from the experience.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!