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IceJOKER [234]
3 years ago
15

Bourdon software has 10.6 percent coupon bonds on the market with 17 years to maturity. the bonds make semiannual payments and c

urrently sell for 108.1 percent of par. what is the current yield on the bonds?
Business
1 answer:
Nimfa-mama [501]3 years ago
8 0

The Current yield on the bonds are calculated as :

Current yield = Annual coupon payments/ Current price

Here, we assume the face value of the bond to be $1000

Annual coupon payments are 10.6% of the face value or 0.106*1000 = 106

Current price = 108.1% of the face value = 1.081* 1000 = 1081

Current Yield = 106/1081

Current Yield = 0.098057 = 9.8057%

Current Yield = 9.81% (Rounded to two decimals)

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Bonds are basically also known as what?
Karo-lina-s [1.5K]

bonds are basically known as

b)contracts

8 0
3 years ago
Nutech Corp. is expecting the following cash flows—$79,000, $112,000, $164,000, $84,000, and $242,000—over the next five years.
Alja [10]

Answer:

$429,560

Explanation:

Present value will be calculated through the PV formula,

PV = \frac{C1}{1+r}  + \frac{C2}{(1+r)^{2} } + \frac{C3}{(1+r)^{3}} + \frac{C4}{(1+r)^{4}} + \frac{C5}{(1+r)^{5}}

r = 15%

C1 = $79,000 ,C2 = $112,000 ,C3 = $164,000 ,C4 = $84,000 ,C5 = $242,000

Substituting the values in the formula,

PV = \frac{79,000}{1.15}  + \frac{112,000}{(1.15)^{2} } + \frac{164,000}{(1.15)^{3}} + \frac{84,000}{(1.15)^{4}} + \frac{242,000}{(1.15)^{5}}

PV = 68,695.66 + 84,688 + 107,838 + 48,030.2 + 120,338.14

PV = $429,560

The present value of the cash flows of Nutech Corp. over the next five years is $429,560.

8 0
3 years ago
Help me please.. there is no option on here for Human Resources principals, so I jus clicked business as the subject..
Aneli [31]

Answer:

The letter A is the right one.

Explanation:

By promoting deserving employees, Jeffrey will create an environment where employees who act correctly, integrate and present high levels of professionals receive good promotions and will raise their status in the company. This shows that acting in a moral, responsible and ethical manner is rewarding and that is why everyone should follow this level of work that encourages morality and good work.

4 0
3 years ago
The federal law that establishes the right to collective bargaining and limits the interference of management in the right of em
marusya05 [52]

The federal law that establishes the right to collective bargaining and limits the interference of management in the right of employees to have a collective bargaining agent is the National Labor Relations Act of 1935.

<h3>What is the National Labor Relations Act?</h3>

The National Labor Relations Act of 1935 is a key piece of American labor legislation that protects employees working in the private sector's ability to form unions, participate in collective bargaining, and conduct collective action like strikes. An important part of the law prohibited corporate unions.

By giving workers in private-sector companies the fundamental right to demand better working conditions and choice of representation without fear of punishment, the NLRA safeguards workplace democracy.

Employees have the right under the National Labor Relations Act (NLRA) to establish or join unions, take part in protected, organized actions to address or improve working conditions, or refrain from taking part in these activities.

To know more about National Labor Relations Act refer to: brainly.com/question/17309523

#SPJ4

6 0
2 years ago
The developing country of alpha had a rule that none of its factories could be owned by companies from the developed country of
hjlf
<span>When the developing country alpha breaks the rule of factories not being owned by the companies of developed country beta would imply that alpha is in a vulnerable position in its trade. So this means this would be an example of decline in trade and investment barriers.</span>
4 0
3 years ago
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