Answer:
yield to maturity = 9.78%
Explanation:
yield to maturity = {coupon + [(face value - market value) / n]} / [(face value + market value) / n]]
YTM = {$50 + [($1,000 - $913) / 2]} / [(($1,000 + $913) / 2]] = $93.50 / $956.50 = 0.09775 = 9.78%
The yield to maturity represents the total rate of return that an investor should receive if he/she holds a bond until it matures.
According to the given statement Lindsey holt purchased preferred stock.
The correct option is B.
<h3>What is the preferred stock?</h3>
Preferred stock, which is a component of share capital and is commonly referred to as a combination indicator, is an asset that has any combination of features that common shares does not, such as those of an equity and a promissory note.
<h3>How do preferred stocks work?</h3>
securities with a repaired par value that pays dividends at a fixed rate, generally based on a proportion of the par value. The market price of preferred shares, like bonds, is dependent on changes in interest rates. When interest rates rise, the value of the preferred stock falls.
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I understand that the question you are looking for is:
Lindsey Holt owns stock in the Galloway Gems Company. She knows in advance that the dividend on this stock is a $1.50 per share and that it is a promised or contractual and constant dividend . Given this, you know for sure that she purchased which type of stock?
A. Green chip
B. Preferred
C. Penny
D. Uncommon
E. Growth
Answer:
D
Explanation:
Invoices are documents that convey purchases.
Answer: The answer would be C. Collective bargaining
Answer:
The answer is D. All of the options
Explanation:
The Bretton Woods system of of monetary management which was negotiated in 1944 with the aim of creating an international monetary system.
Under this system, representatives of countries agreed to establish a par value of their respective currencies in relation to the dollar. Dollar was pegged at $35 per ounce, and each country was responsible for maintaining its exchange rate within 1 percent of the adopted par value by buying or selling foreign exchanges as necessary.
However, in the early 1970s, President Richard Nixon made the announcement that the United States would no longer be accepting gold in exchange for the dollar, and the put an end to the Bretton Woods system.
