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
svp [43]
3 years ago
9

Fred purchases a bond, newly issued by the Big Time Corporation, for $10,000. The bond pays $400 to its holder at the end of the

first, second, and third years and pays $10,400 upon its maturity at the end of four years. The principal amount of this bond is __________, the coupon rate is __________, and the term of this bond is __________.
Business
1 answer:
natali 33 [55]3 years ago
3 0

Answer:

The correct answer is $10,000, 4% and 4th year.

Explanation:

According to the scenario, the given data are as follows:

Initial purchase = $10,000

At the end of 1st, 2nd and 3rd year = $400

At the end of 4th year = $10,400

(1). The principal amount of this bond is $10,000.

As Initial purchase of bond = Principal amount of bond.

(2). The coupon rate is 4%.

As, at the end of 4th year it pays = $10,400

Here, Principal amount = $10,000 and coupon value = $400

So, Coupon rate = $400 ÷ $10,000 = 4%

(3). The term of this bond is 4 years.

As the principal amount is repaid fully at the end of 4th year.

You might be interested in
Suppose a new technology makes it possible to perfectly predict the weather on your computer. As a result, there isn't as much o
Zinaida [17]

Answer:

demand of

Fall

decrease

Explanation:

Here are the options to this question:

1.expect the (supply of/ demand of )

2.forecasters to (increase/ decrease)

3. weather forecasters to (decrease/ increase)

The new technology would reduce the need for weather forecasters. So t.v. stations and radios would no longer employ weather forecasters and might even lay off some forecasters. So the demand for forecasters would fall.

Due to the reduced demand for forecasters, there would be a large number of unemployed forecasters with no one willing to employ them. This would lead them to a reduction in their salary. When supply exceeds demand, prices fall.

I hope my answer helps you

6 0
3 years ago
Suppose that Spain and Sweden both produce fish and wine. Spain's opportunity cost of producing a bottle of wine is 4 pounds of
Darya [45]

Answer:

A) 9 Pounds of Fish Per Bottle of Wine

Explanation:

A few things should be explained

1. Opportunity Cost - this is the benefit or value of the next best choice that has to be sacrificed when a choice is made between several alternatives.

2. Comparative Advantage: This describes the advantage when a business, individual or even a nation is able to maunfacture a good or offer a service at an opportunity cost that is lower than other competitors in the business. It simply means the ability to produce a good or service at a cost cheaper than one's competitors.

Step 1: By comparing the opportunity cost of producing wine in the two countries, you can tell that Spain (ability to produce a bottle for 4 pounds of fish as compard to 10 pounds by Sweden) has a comparative advantage in the production of wine

Also Comparing the opportunity cost of wine as well, Sweden has the comparative advantage in the production of fish (10 pounds of fish as compared to 3 pounds that can be produced by Spain for a bottle of while).

Step 2: The Trading of wine and fish between Spain and Sweden

a) as long as Spain is able to get more than 4 pounds of fish (what it can produce) for every exported bottle of wine, then it can gain from a trade with Sweden.

b) Also , as long as Sweden is able to receive more than 1/10 bottles of wine for each pound of fish it exports to Spain, it can gain from the specialization and trade.

Step 3: Prices of trade (of wine in terms of fish) will allow both Sweden and Spain gain from Trade.

The correct answer is 9 Pounds of Fish per bottle of Wine. This is correct because Spain can get more than the minimum 4 pounds of fish it needs and Sweden can receive more than 1/10 the bottles of wine it needs to make a gain.

5 0
3 years ago
"New York City is issuing $500,000,000 of general obligation bonds paying interest on January 1st and July 1st of each year unti
poizon [28]

Answer:

  • 8 months for the first interest
  • 6 months for the second

Explanation:

The interest is to be paid semi-annually which means that it accrues for 6 months. However, the bond was issued on May 1, 2020 which is 8 months before the first interest payment on January 1, 2021 so the January payment will have to cover for those months as interest starts to build immediately the bond is purchased.

The second payment on July 1, 2021 will cover the period of 6 months between January 1 and July 1, 2021.

8 0
3 years ago
Which of the following fraudulent activities most likely could be perpetrated due to the lack of effective internal controls in
Alex17521 [72]

Answer:

C. The write-off of receivables by personnel who receive cash permits the misappropriation of cash.

8 0
3 years ago
Which type of reputation is affected by material a person posts to an online discussion forum that is accessed only by people in
liraira [26]

Answer:

professional and private

Explanation:

Reputation can be regarded as an opinion or believe about something, individual or organization, it is the judgement or the information known by people about an individual or organization. When this reputation is been accessible by a specific kind of people i.e not by the general public, it is reffered to as professional and private reputation.

It should be noted that professional and private reputation is affected by material a person posts to an online discussion forum that is accessed only by people in his or her company.

7 0
3 years ago
Other questions:
  • For a monopolistically competitive​ firm, marginal revenue A.is greater than the price.B.equals the price.C.is less than the pri
    13·1 answer
  • The enormous variety of goods and services that we consume each day can be attributed mainly to
    5·1 answer
  • A farmer has been given the opportunity to become a part owner in a local fertilizer business. If the farmer becomes an owner of
    13·1 answer
  • Kerin is a business student interning at Benson and Hodgson, a firm specializing in exports of sophisticated equipment to other
    15·1 answer
  • Consider the following situations for Shocker
    15·1 answer
  • Mauve inc. purchased a global data collection and management system that provides detailed information about each of its custome
    8·1 answer
  • Princess Cruise Company (PCC) purchased a ship from Mitsubishi Heavy Industry. PCC owes Mitsubishi Heavy Industry 500 million ye
    14·1 answer
  • A good or service intended primarily for use in producing other goods or services is a ____ product.
    14·1 answer
  • Maria is the risk manager for a large organization and is evaluating whether the organization should purchase a fire suppression
    15·1 answer
  • When ________, business firms will collectively supply a lower quantity of output at any given price, and the supply curve will
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!