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3 years ago

Assume that coupon interest payments are made semiannually and that par value is $1,000 for both bonds.

Business

2 answers:

Allushta [10]3 years ago

8 0

Answer:

a. Bond A-$903.78

Bond B-$732.78

b.Bond A-$830.62

Bond B-$581.45

c.Bond A-($73.16)

Bond B-($151.33)

Explanation:

In calculating the bond values I adopted the present value formula in excel ,which is given below:

=pv(rate,nper,pmt,fv)

rate is the return on the bond also known as yield to maturity

nper is the time to maturity

pmt is the coupon payment annually which coupon rate multiplied by bond's face value

fv is the amount repayable on upon redemption which is $1000 per bond.

Find detailed calculations in the attached.

Download xlsx

babunello [35]3 years ago

7 0

Answer:

a.$731,09

b. $578.01

C.-$152.07

Explanation: see attached file

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Answer:

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The equilibrium hourly wage is $10, and the equilibrium quantity of labor is 450 thousand workers.

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Price floors are prices that that the government mandates that one cannot charge below for a good or service. If there is a price floor on cake for instance, a person is not allowed to charge less than that price floor for cake. The Senator's bill is therefore saying that people should not be paid less than $6 an hour.

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Compute ending work in process inventory for a manufacturer with the following information. Raw materials purchased $ 124,800 Di

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Answer:

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Journalize the following selected transactions for January. Journal entry explanations may be omitted.

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Answer:

Jan. 1 Received cash from the investment made by the owner, $14,000.

Dr Cash 14,000

Cr Capital, owner 14,000

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Dr Cash 9,500

Cr Service revenue 9,500

Jan. 3 Billed customers on account for providing services, $4,200.

Dr Accounts receivable 4,200

Cr Service revenue 4,200

Jan. 4 Paid advertising expense, $700.

Dr Advertising expense 700

Cr Cash 700

Jan. 5 Received cash from customers on account, $2,500.

Dr Cash 2,500

Cr Accounts receivable 2,500

Jan. 6 Owner withdrew $1,010.

Dr Withdrawals 1,010

Cr cash 1,010

Jan. 7 Received telephone bill, $900.

Dr Utilities expense 900

Cr Accounts payable 900

Jan. 8 Paid telephone bill, $900.

Dr Accounts payable 900

Cr Cash 900

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3 years ago

Sandra's family's monthly net income is 6654 the family budget is shown in the circle graph below the family decides to increase

alexandr402 [8]

Solution:

Given,

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