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lord [1]
3 years ago
11

A 10 year bond is redeemable at par of 100,000. The bond has semi-annual coupons of 4000. The bond is bought to yield 6% convert

ible semi-annually. Four months after purchase, calculate the market price based on the theoretical method less the market price based on the semi-theoretical method.

Business
1 answer:
den301095 [7]3 years ago
5 0

Answer:

$117,544.14

Explanation:

Current Price of bond is $114,877.47.

Accrued interest for 4 month = $4,000 × (4 / 6)

= $2,666.67

Price of bond after 4 month of purchase = $114,877.47 + $2,666.67

= $117,544.14.

Price of bond after 4 month of purchase will be $117,544.14.

The picture attached shows how to get the current price of bond on excel.

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my mom went and got her GED and she did very well, but her diploma isnt compatible with anything, so its basically like she did
klio [65]
Because she maybe didnt reach all the standards 2 really get all  da benifits.
3 0
4 years ago
A company's balance sheet shows: cash $26,000, accounts receivable $32,000, equipment $54,000, and equity $74,000. What is the a
nignag [31]

Answer: $38,000

Explanation:

Given that,

Company's balance sheet shows that,

Cash = $26,000

Accounts receivable = $32,000

Equipment = $54,000

Equity = $74,000

Liabilities = Cash + Accounts receivable + Equipment - Equity

                = $26,000 + $32,000 + $54,000 - $74,000

                = $38,000

Therefore, the amount of liabilities is $38,000.

7 0
3 years ago
What is the maker movement? (A) Systems used to create the digital designs and then manufacture the products.(B) Serialization o
Delvig [45]

Hey!

················································

Answer:

(D) A cultural trend that places value on an individual's ability to be a creator of things as well as a consumer of things.

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Why?

The reason why the answer is option D is because the movement was launched after the "MAKE magazine" in 2005. Maker Faire the creator of the Maker Movement created this movement because he saw the potential in many curious people wanting to be something great.

················································

Hope This Helps :)

4 0
4 years ago
A factory can produce cars and trucks. If the price of cars increases, then the supply of trucks will _____. increase decrease s
algol [13]
It will definitely decrease.

Answer: Decrease.
6 0
3 years ago
Which of the following economic systems best describes the economy of the United States?
Fantom [35]

The BEST description of the economic system of the United States is <u>D. free-market capitalism.</u>

<h3>What is free-market capitalism?</h3>

Free-market capitalism is known for the following features:

  • Private individuals control the factors of production.
  • It is a purely capitalist economic system.
  • The laws of supply and demand regulate production, labor, and the marketplace.
  • An unregulated system of economic exchange reigns.
  • Non-existence of or minimal presence of centralized economic interventions.

The best description of the economy of the United States is not:

  • Marxism
  • Command
  • Socialism
  • Closed economic system.

But the BEST description of the economic system of the United States is <u>D. free-market capitalism</u>.

Learn more about free-market capitalism at brainly.com/question/3369578 and brainly.com/question/600577

8 0
2 years ago
Read 2 more answers
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