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Ipatiy [6.2K]
2 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]2 years ago
8 0

Answer:

what is the formula

Explanation:

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10. Uneven cash flows A series of cash flows may not always necessarily be an annuity. Cash flows can also be uneven and variabl
GaryK [48]

Answer:

$1,155,478

Explanation:

Present value is the sum of discounted cash flows

Present value can be found using a financial calculator

Cash flow in year 1 = $100,000

Cash flow in year 2 =  $20,000

Cash flow in year 3 = $480,000

Cash flow in year 4 = $450,000

Cash flow in year 5 = $550,000

I = 9%

Present value = $1,155,478

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

5 0
3 years ago
Eric wants to attend a public four-year university. He estimates that the average cost of one year at this university is $19,500
pishuonlain [190]
In this problem he need 19.500 but only earns 325 a month. From this we take what is needed (19500) and divide it by what is earned (325). This will give you 60. So therefore it will take him 60 months to earn enough for one year at university.
5 0
2 years ago
Read 2 more answers
A reading researcher does what
Dmitry_Shevchenko [17]

Answer:

They reveal how the author(s) interpreted the findings of their research and presented recommendations or courses of action based on those findings.

Explanation:

7 0
2 years ago
jackson's programming paid its june rent of $500 cash. demonstrate how to use the accounting equation to record the transaction
Irina-Kira [14]

Answer: Jackson would decrease CASH and increase EXPENSES in the accounting equation.

Explanation: Jackson would lose cash by spending his money and his Living expenses will also rise along with it.

7 0
1 year ago
Large data units are broken into smaller pieces by a process called
dsp73

The answer in the description above is segmentation. This is the process of which large data undergone into having their properties to be broken into small pieces in which will help in having them to fit with a specific TCP segment.

6 0
3 years ago
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