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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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A registered representative ("rr") is an MFP of a municipal securities firm that is an underwriter for that municipal issuer. Th
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The $300 of out of pocket expense exceeds the MSRB political contribution limit and will result in the municipal securities firm being banned as an underwriter for that issuer for 2 years.

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Career question easy below
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Answer:

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8 0
2 years ago
Yolanda's Coffee Shop makes a blend that is a mixture of two types of coffee. Type A coffee costs Yolanda $4.25 per pound, and t
vovangra [49]

Answer:

she used type A coffee is 62 pounds

Explanation:

given data

Type A coffee costs = $4.25 per pound

type B coffee costs = $5.60 per pound

this month Yolanda made = 155 pounds

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to find out

How many pounds of type A coffee did she use

solution

we consider here that this month type A coffee used = x

and type B coffee used = y

so equation will be

x + y = 155       ..................1

and cost equation

4.25 x + 5.60 y = 784.30       ...............2

now from equation 1 we get y

y = 155 - x     .........................3

put this value in equation 2

4.25 x + 5.60 y = 784.3

4.25 x + 5.60 ( 155 - x) = 784.3

solve this equation we get

x = 62

so she used type A coffee is 62 pounds

3 0
3 years ago
Which would be considered part of an employee’s salary?
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Amount of money the employee will earn each month.

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