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Ipatiy [6.2K]
3 years ago
12

. Joey purchased an n-year par-value 2,000 bond that had a coupon rate of 9% convertible quarterly. Todd purchased a par-value b

ond with an identical coupon rate but having a term of 2n years. The coupons that Joey and Todd received in the first n years were identical and both bonds had a yield rate of 6% convertible quarterly. Todd paid 233.02 more than Joey. Calculate n. Note that 4n must be an integer
Business
1 answer:
kaheart [24]3 years ago
8 0

Answer:

what is the formula

Explanation:

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It is _______ for a company to issue equity than debt; it is ________ for an investor to buy equity in a company than debt in th
viva [34]

Answer:

It is <u>safer</u> for a company to issue equity than debt

It is <u>riskier</u> for an investor to buy equity in a company than debt in the same firm

Explanation:

If company issues debt that it has to make fixed interest payments, thus even if company is making losses, it has to pay interest which is not in case of equity. Hence, it is riskier option for the company to raise debt.

On the other, if investor in debt, then he will get fixed interest, thus debt option is relatively cheap than equity for investor

6 0
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When a tariff is imposed on a​ foreign-produced product, domestic producers receive a​ ________ price and domestic consumers pay
Fittoniya [83]

Answer: decreased , lesser .

Explanation:

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7 0
4 years ago
Which of the following is generally used by companies with fewer than 50 employees?
marshall27 [118]

Answer:

D

Explanation:

5 0
3 years ago
Which bank does not charge at all for using the ATM?
const2013 [10]
Bank A is the answer
6 0
3 years ago
Inventory Write-Down The following information is taken from Aden Company's records: Product Group Units Cost/Unit Market/Unit A
bazaltina [42]

Answer:

$4,213

Explanation:

Product   Group      Units      Cost/Unit        Market/Unit      Total Value

A                  1           600         $1.00              $0.80                $480

B                  1           250         $1.50               $1.55                $375

C                 2           150         $5.00              $5.25                $750

D                 2           100         $6.50              $6.40               $640

E                 3             80       $25.00           $24.60             $1,968

total                                                                                        $4,213

when you are using the lower of cost or net realizable value to determine the value of your inventory, you should calculate the inventory's value using the lowest cost between purchase cost and market value.

4 0
3 years ago
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