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juin [17]
3 years ago
6

West Corp. issued 14-year bonds 2 years ago at a coupon rate of 9.8 percent. The bonds make semiannual payments. If these bonds

currently sell for 103 percent of par value, what is the YTM?
Business
1 answer:
pickupchik [31]3 years ago
3 0

Answer:

the YTM is 9.38 %.

Explanation:

Bond Prices in most countries is expressed per $100. We shall use this as the Price for the bond in question.

Then the Yield to Maturity (YTM), r of the Bond can be determined as follows

Pv = - $103

pmt = ($100 × 9.80) ÷ 2 = $4.90

p/yr = 2

n = (14 - 2) × 2 = 24

Fv = $100

r = ?

Using a Financial Calculator,  the Yield to Maturity (YTM), r is 9.38 %

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Newtown Propane currently has $490,000 in total assets and sales of $1,820,000. Half of Newtown’s total assets come from net fix
Talja [164]

Answer:

c. $1,936,170

Explanation:

Additional assets required to support this sales growth = Growth * Total assets

Additional assets required = 19% * $490,000

Additional assets required = $93,100

Sales at 100% capacity = $1,820,000 / 94%

Sales at 100% capacity = $1,820,000 / 0.94

Sales at 100% capacity = $1,936,170.21

5 0
3 years ago
The Western and Pacific Railroad has two divisions, the Western Division and the Pacific Division. The company recently invested
slava [35]

The amount of track improvement cost that should be allocated to the Western Division is  $3,200,000.

<h3>What amount should be allocated to Western Division?</h3>

The amount that should be allocated to Western Division is a function of the miles travelled on the Western division.

The amount to be allocated to Western Division : (miles travelled on Western division / total miles travelled) x cost of the revision

  • miles travelled on Western division = 800,000 miles
  • total miles travelled = 1,200,000 + 800,000 = 2,000,000 miles

The amount to be allocated to Western Division : (800,000 / 2,000,000) x 8,000,000  = $3,200,000

To learn more about cost, please check: brainly.com/question/25717996

#SPJ1

7 0
2 years ago
Assuming that the prices of A and B are $1.50 and $1, respectively, and that Mr. Chen has $24 to spend, plot his budget line and
Margarita [4]

Answer:

consume 8 units of A and 12 units of B

Explanation:

given data

prices of A = $1.50

prices of B = $1

Budget constraint = $24

consider data indifference curve

unit A         unit  B

16                 6

12                 8

8                  12

4                  24

solution

As graph, Mr. Chen will buy 8A and 12 B goods.

so Budget constraint is here express as

24 = 8 × $1.50 + 12 × 1.00

so here

MRS = \frac{PB}{PA}  rule  of equilibrium

so here MRS is

MRS = \frac{8}{12}      

\frac{PB}{PA} =  \frac{1.00}{1.50} = \frac{2}{3}  

MRS = \frac{PB}{PA} = \frac{2}{3}

7 0
3 years ago
A wide span of management control is most likely to result in: A. overly tight supervision of employees. B. isolation of top man
weeeeeb [17]

Answer:

D. lack of control of employees.

Explanation:

The scope of control depends on the number of employees who report to a manager. Each control control point needs supervision. Broader and more autonomous controls by employees. The broader the range of control, the more likely it is that a supervisor loses control over employees

6 0
3 years ago
Hushovd Iron Works has collected the following data for its Thunderbolt line of​ products: Direct materials standard 15 pounds p
Hitman42 [59]

Answer:

The direct material quantity variance is $10,800 favourable.  (the options in the question are not correct).

Explanation:

The direct materials quantity variance represents a difference between what was actually produced and the standard or idea that should have been produced especially with regards to the use of direct materials.

To calculate material quantity variance

Step 1:Calculate the Standard Usage of Material

Formula= (Actual Units of Finished goods Purchased x Standard Price of Material per unit)

= 4,000 units x 15 Pounds

= 60,000 Pounds

This means the standard material usage is 60,000 pounds

Step 2: Now calculate the Direct Material Quantity Variance

Formula= (Standard Material Usage - Actual Material Usage) x The Standard Price per Unit of Material

= 60,000 pounds (computed in step 1) - 40,000 pounds (given in the question)

= 20,000 pounds x $0.54

=$10,800

Since the standard Material is higher than the actual material usage, it means that the answer is as follows;

The direct material quantity variance is $10,800 favourable.

Kindly note that the multiple options in the question above are for a different set of figures and a different question.

6 0
3 years ago
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