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astraxan [27]
2 years ago
6

Suppose you structured a bond deal for Kanye West that paid him $20 million upfront, with future royalties and streaming revenue

s from his past albums going towards payments to bondholders. Each bond had a face value of $1,000 and a coupon rate of 8.4% with semi-annual coupons. If the bonds have 8 years remaining until maturity and the current yield to maturity is 10.4%, what price is each bond trading at right now? Round to the nearest cent.
Business
1 answer:
NNADVOKAT [17]2 years ago
8 0

Answer:

PV=?

FV=$1000

PMT= (0.084*1000/2)=42

N= (8*2)=16

I= 10.4/2=5.2%

Put these values in Financial calculator and compute the PV

Current price of bond= 893

Explanation:

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A term describing a firm's normal range of operating activities is: (a) Relevant range of operations. (b) Break-even level of op
OLga [1]

Answer:

A firm's normal range of operating activities is relevant range of operations.

Explanation:

Relevant range of operations can be described simply as a firm or company's expected range of activities without any extreme economic conditions. It is the range where the firm operates in normal conditions. Within this range the firm's operations run smoothly. Outside this range revenue and expenditure may fluctuate from what was expected.

7 0
2 years ago
What is marketing as a source of data​
masya89 [10]

Answer:

Primary data sources include information collected and processed directly by the researcher, such as observations, surveys, interviews, and focus groups. Secondary Data Collection. Secondary data sources include information retrieved through preexisting sources: research articles, Internet or library searches, etc. Exmaple of preexisting sources modern is something named 'remarketing'. What makes remarketing different from standard Display and Search advertising which is used in a targeting collation.

Remarketing consists of using a special tracking code to place cookies on the browsers of people visiting your website, and then serving ads to those with that cookie, specifically, on the Display and Search network. It can be a very powerful component of a PPC campaign.

The main point with remarketing is that you want to find those people who have shown enough interest in your products or services to visit your website. These people are more likely to perform whatever activity you’re considering a conversion compared to people who have not yet been to your website.

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3 0
3 years ago
Preparing a Production Budget Patrick Inc. makes industrial solvents. In the first 4 months of the coming year, Patrick expects
TiliK225 [7]

Answer:

$135,010

Explanation:

Duration

January

February

March

Expected Sales

41,000

38,000

50,000

Add: Ending Inventory

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(21%×50,000) 10,500

(21%×51,000) 10,710

Less:Beginning Inventory

4,700

7,980

10,500

Units to be Produce

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7 0
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Credit Card #1
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The annual percentage rate simply means the yearly interest that's generated by a sum that's charged to a borrower. In this case, the APR is 24% after 6 months.

Also, the credit cards that have an annual fee will be credit card 2 and 3. It can also be deduced that the grace period is the same for the three credit cards while credit 3 has a membership.

If one pays the credit card bill on time and the balance each month, the best credit card is credit card 1. Lastly, when one has a balance from time to time credit card 1 is still the best.

Learn more about APR on:

brainly.com/question/2772156

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