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Alecsey [184]
4 years ago
9

Union Local School District has bonds outstanding with a coupon rate of 3.3 percent paid semiannually and 15 years to maturity.

The yield to maturity on these bonds is 3.8 percent and the bonds have a par value of $10,000. What is the price of the bonds?

Business
1 answer:
valkas [14]4 years ago
3 0

Answer:

The correct answer is $9432.31.

Explanation:

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

Par Value (FV) = $10,000

Time Period = 15 years

Time period (Semi annual) (Nper) = 30

Coupon rate ( semi annual) = 3.3% / 2 = 1.65%

So, payment (pmt) = $10,000 × 1.65% = $165

Yield (r) (semiannual) = 3.8% / 2 = 1.9%

By putting the value in financial calculator, we get

Hence, The price of the bond is $9432.31.

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todd, a sales representative, is facing the challenge stressor of trying to close a sale on a major account. during the meeting
lys-0071 [83]

Options :

A) be strongly motivated and perform well

B) be poorly motivated out of fear, and perform poorly

C) develop severe emotional symptoms of stress

D) develop severe physical symptoms of stress

Answer: A) be strongly motivated and perform well

Explanation: Stressors pertaining to business may be explained as those demands which a job or business requires of workers. The challenge stressor includes demands such as volume of chores or workload, time constraint and other factors which could be place added responsibility or burden on an individual. In most cases however, these responsibilities or burden usually acts to motivate the employee or business owner and in the long run aids personal and professional growth. In the scenario above, The challenge stressor which Todd is faced with is one which requires him to be on top and thus requires preparation so as to be able to perform well and not appear as a novice during the business meeting. Hence, this should motivate him and hence put up a good performance.

3 0
4 years ago
_____ create computer programs by using their knowledge of computer science, math, and other disciplines. Select the choice that
Burka [1]

Answer:

B. Software designers

Explanation:

Software designers create new ideas and develop them into user-friendly computer software. They are also known as software developers. They apply computer coding and programming skill to perform their functions. Software designers create computer games, operating systems, and other software programs. They also design programs customized to meet specific customer requirements.

8 0
3 years ago
An employee receives an hourly rate of $15, with time and a half for all hours worked in excess of 40 during the week. Payroll d
devlian [24]

Answer and Explanation:

The journal entries are shown below:

On December 31

Salary Expense $735.00  

  To Federal Withholding Taxes Payable $120.00  

     To Social Security Taxes Payable 44.10 (735  × 6%)

     Medicare Taxes Payable 11.03 (735  × 1.5%)

     Salaries Payable 559.87

(Being salary expense is recorded)

Here the salaries expense is debited as it increased the expense and credited the payable account as it increased the liabilities account

Working note

Regular earnings 600 (40 × 15)  

Overtime earnings 135 (46 - 40) × 15 × 1.5  

Gross earnings 735  

3 0
3 years ago
A Product Manager has been given responsibility for overseeing the development of a new software application that will be deploy
Free_Kalibri [48]

Incomplete question. The missing options read;

a. Design the application’s security features after the application’s initial build is complete.  

b. Schedule development of security features after the application’s initial release.  

c. Utilize a DevSecOps approach to incorporate security into the development process from the beginning.  

d. Contract with an external vendor to develop a security solution separately from the main application.

Answer:

<u>a. Design the application’s security features after the application’s initial build is complete.</u>

Explanation:

Remember, our main concern here is to determine <em>the most time-saving and cost-effective way for the Product Manager to address the new application's security considerations.</em>

Hence, if the Product Manager decides to schedule the development of security features after the application’s initial release, this would not be the most time-saving approach. Also, utilizing a DevSecOps approach to incorporate security into the development process from the beginning and contracting with an external vendor to develop a security solution separately from the main application is not the best cost-saving approach.

However, designing the application’s security features after the application’s initial build is complete would be the most time-saving and cost-effective way for the Product Manager to address the new application's security considerations.

4 0
3 years ago
Gary Marks is paid on a monthly basis. For the month of January of the current year, he earned a total of $8,838. FICA tax for S
statuscvo [17]

Answer: $1,110.11‬

Explanation:

The Employer is to pay and withhold all taxes except the income tax withheld so the employer's payroll tax expense will be;

= Social Security Tax + Medicare tax + FUTA + SUTA

= ( 0.062 * 8,838) + ( 0.0145 * 8,838) + ( 0.008 * 7,000) + ( 0.054 * 7,000)

= 547.96 + 128.15 + 56 + 378

= $1,110.11‬

<em>SUTA and FUTA are payable on first $7,000 of an employee's pay.</em>

3 0
3 years ago
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