1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natta225 [31]
3 years ago
6

A Japanese company has a bond outstanding that sells for 87 percent of its ¥100,000 par value. The bond has a coupon rate of 4.3

percent paid annually and matures in 18 years. What is the yield to maturity of this bond?
Business
1 answer:
PSYCHO15rus [73]3 years ago
8 0

Answer:

YTM = 12.66%

Explanation:

FV = ¥100,000

PV = 0.87 x  ¥100,000

PV=  ¥87,000

Coupon payment = 4.3% x ¥100,000

Coupon payment = ¥4300 per year

N = 18 years

YTM = ?

We would simply plug these values into a financial calculator

https://www.calculator.net/finance-calculator.html?ctype=returnrate&ctargetamountv=1000000&cyearsv=18&cstartingprinciplev=87000&cinterestratev=6&ccontributeamountv=4300&ciadditionat1=end&printit=0&x=0&y=0

YTM = 12.66%

You might be interested in
Growth of specialization in the kinds of jobs people hold __________. has slowed dramatically since the 1970s, along with the de
artcher [175]

Answer:

has continued right up to the present

Explanation:

Specialization refers to workers focusing on a single task and perfecting that task alone instead of doing various tasks at the same time. Growth of specialization in the kinds of jobs people hold has continued right up to the present. One of the reasons for this is that companies prefer individuals that are highly skilled on the specific task that they need done and that will be able to do it in the most efficient way possible.

3 0
3 years ago
You can lead a horse to water but you can't make it drink. How might this adage be relevant to expansionary monetary policy?
elena55 [62]

Answer:

The purpose of expansionary monetary policy is to increase the supply of money in the economy which would theoretically make it cheaper for people to borrow money to consume or for companies to borrow money for investment.

The whole thing therefore relies on people and companies borrowing. Sometimes however, monetary policy may work in increasing the amount of money in the economy but then a situation arises where people do not want to borrow and companies do not want to borrow for investment either because they do not think the economy is strong enough for expansion or for whatever other reason. .

They are being given cheaper access to money (led to the water) but they refuse to borrow and invest (can't be made to drink).

4 0
3 years ago
Will mark BRAINLIEST!!!
nikklg [1K]

Answer:

Netsuite

Hope this answer helps you :)

Have a great day

mark brainliest

8 0
3 years ago
In economics , the what is it called when individuals focus on perfecting a limited range of tasks, so as to become experts in t
Korvikt [17]
Specialisation is when individuals focus on perfecting a limited range of tasks so as to become experts in that particular field
8 0
3 years ago
Knowledge Check 01 Feline Watch Company makes wrist watches out of silver metal sheets. Feline sold 200 watches in the month of
anastassius [24]

Answer:

the number of watches to be produced in July is 500

Explanation:

The calculation of the number of watches to be produced in July is given below;

Units Expected to be sale 400  

Add: Desired ending inventory 300 (50% of 600)

Total available 700  

Less: Beginning Inventory -200  

Units to be produced 500

Hence, the number of watches to be produced in July is 500

6 0
3 years ago
Other questions:
  • Raul is an executive at a car rental company. He has the ability to get his staff excited about their work. He sees his own emot
    13·2 answers
  • Matt and Patricia are husband and wife and live in Oregon. In 2010 and using her funds, Patricia purchased a residence for $400,
    13·1 answer
  • Seth invested $44,000 in Series EE savings bonds on April 1. By December 31, the published redemption value of the bonds had inc
    8·2 answers
  • The_____ will solve for the expected return measured in an investor’s domestic currency for a foreign asset denominated its own
    13·1 answer
  • Seaburst Construction Project You are the project manager for the Seaburst construction project. So far the proj- ect is progres
    13·1 answer
  • Suggest and explain four activities that would be ""customer focused"" in nature
    12·1 answer
  • Production and sales estimates for April for Ibis Co. are as follows: Estimated inventory (units), April 1 9,000 Desired invento
    11·1 answer
  • A bank manager argues that everyone has equal access to home loans, and if they cannot get one it is based on lack of effort, no
    7·1 answer
  • For each of the following, compute the present value (Do not round intermediate calculations and round your answers to 2 decimal
    13·1 answer
  • in the search for​ profits, u.s. corporations have been forced to look beyond our​ country's borders. all of the following contr
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!