Answer:
The yield to call is 5.07%
Explanation:
The yield to call can be computed using the rate formula in excel,which is given as :=rate(nper,pmt,-pv,fv)
nper is the number of years to call which is 6 years
pmt is the annual interest coupon payable by the bond,which is :6.75%*$1000=$67.5
The pv is the current price at which the bond is offered to investors. i.e $1,135.25
fv is the price at the bond would be called in six years i.e par value+premium
par value is $1000
premium is $67.5
call price is $1067.5
=rate(6,67.5,-1135.25,1067.5)
rate=5.07%
Answer:
See answer below
Explanation:
Journal entry will be as follows.
Debit Cash Account $60,000
Credit Payables/Service Prepayment Account $60,000.
As service is being rendered on a monthly basis (monthly income =
), the company will make the following journal entry.
Debit Payables/Service Prepayment Account $10,000
Credit Revenue $10,000.
Answer:
Explanation:
Demand is the amount of a good or service consumers wants
| Consumer demand can change often; for many reasons
plz mark as brainliest
Answer:
To make investments that will grow over time and provide education for less fortunate children
To have a good public image so they can get more customers.
Leadership skills,knowledge of a foreign language