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Stolb23 [73]
3 years ago
14

The Sisyphean Company has a bond outstanding with a face value of $ 5 comma 000 that reaches maturity in 8 years. The bond certi

ficate indicates that the stated coupon rate for this bond is 9​% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 10.6​%, then the price that this bond trades for will be closest​ to?

Business
1 answer:
zlopas [31]3 years ago
7 0

Answer:

$4,575.60

Explanation:

For computing the price of the bond we have to use the present value formula that is to be reflected in the attached spreadsheet which is presented below:

Given that,  

Future value = $5,000

Rate of interest = 10.6%  ÷ 2 = 5.3%

NPER = 8 years  × 2 = 16 years

PMT = $5,000 × 9% ÷ 2 = $225

The formula is shown below:

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

So, after applying the formula the price of the bond is $4,575.60

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which characteristic that may pose a potential nutrition problem would the nurse identify in a preterm neonate
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The immature sucking reflex is the characteristic that may pose a potential nutrition problem in a preterm neonate.

Immature sucking reflex- Th reflex of sucking doesn't start at the 32nd week of pregnancy and is not fully developed till the 36th week. If the baby is born prior to the 36th week, it will not allow the sucking reflex to be fully devloped. The immature sucking reflex will not allow the baby to consume the milk of the mother or the food required for development. Such immaturity of reflex will lead to the nutrition problem because of a lack of sufficient intake.

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8 0
2 years ago
The return of merchandise to the supplier for credit using the perpetual inventory system would include​ a: A. debit to Accounts
bija089 [108]

Answer:

The return of merchandise to the supplier for credit using the perpetual inventory system would include​ a : debit to Accounts Payable and a credit to Merchandise Inventory - A.

5 0
4 years ago
Read 2 more answers
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ch4aika [34]

Answer: A) debit to Salaries and Wages Expense for $88,800

Explanation:

When recording the payroll for the month, the gross pay of $88,800 will be debited to the Salaries and Wages expense account.

The relevant deductions are then made which in this case would be FICA taxes, Income taxes withheld and Medical insurance deductions. The unemployment taxes are the responsibility of the employer so will not be deducted.

The Journal entry will therefore be;

                                                                               Debit                    Credit

April 30 Salaries and Wages Expense              88,800

              FICA Taxes withheld                                                            6,790

              Income taxes withheld                                                         18,500

              Medical Insurance deductions                                            3,300

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8 0
3 years ago
Lacy is a single taxpayer. In 2019, her taxable income is $40,000. What is her tax liability in each of the following alternativ
gulaghasi [49]

Answer:

a. Tax rate schedule = $5,738.75

b. Dividends = $5,638.75

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Explanation:

Base on the scenario been described in the question, the following answers are been solved in the image attached.

6 0
3 years ago
To complete your last year in business school and then go through law school, you will need $10,000 per year for 4 years, starti
zysi [14]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

To complete your last year in business school and then go through law school, you will need $10,000 per year for 4 years, starting next year.

The deposit pays 7 percent interest.

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First withdrawal= 10,000

Account= 40,000 - 10,000= $30,000

3 0
3 years ago
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