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Naddika [18.5K]
3 years ago
7

The ExecUfind Corporation has issued 20minusyear semiannual coupon bonds with a face value of​ $1,000. If the annual coupon rate

is​ 10% and the current yield to maturity is​ 12%, what is the​ firm's current price per​ bond?
Business
1 answer:
vfiekz [6]3 years ago
7 0

Answer:

Current price per bond is $849.54

Explanation:

Coupon payment = 1000 x 10% = $100 annually = $50 semiannually

Number of periods = n = 20 years x 2 = 40 periods

Yield to maturity = 12% annually = 6% semiannually

Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond =$50 x [ ( 1 - ( 1 + 6% )^-40 ) / 6% ] + [ $1,000 / ( 1 + 6% )^40 ]

Price of the Bond = $50 x [ ( 1 - ( 1.06 )^-40 ) / 0.06 ] + [ $1,000 / ( 1.06 )^40 ]

Price of the Bond = $752.31 + $97.22

Price of the Bond = $849.54

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Which of the following describes the activities that play an important role in connecting brands to consumers in the final phase
expeople1 [14]

The activity that play an important role in connecting brands to consumers in the final phases of the buying process is C. Retailing.

<h3>What is the role of retailing in the buying process?</h3>

Retailing refers to the set of activities that allow for  consumers to be able to access goods and services that were produced by different companies and brands. The process of retailing often comes in the final phases of the buying project as it involves the consumers who are the end stage of the buying process as they are the ones to consume the goods and services being sold.

Retailing is therefore hugely important because it connects the brands to the consumers that they serve . Without retailing, companies would make products and services and be unable to sell them to anyone as they would not have any connection to the final consumers .

Find out more on retailing at brainly.com/question/29357664

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8 0
1 year ago
the sale of a computer at net book value had been credited in error to the Sales account 230 how do we record on the journal​
Blizzard [7]

Answer:

koneksyon

Explanation:

dahil Dito makikita kung gani ka katipid

3 0
3 years ago
Lindsay​ Electronics, a small manufacturer of electronic research​ equipment, has approximately 6 comma 800 items in its invento
nignag [31]

Answer:

97.8 or 98 items

Explanation:

A items:

= Percent of items in inventory × No. of items

= 0.1 × 6,800

= 680

B items:

= Percent of items in inventory × No. of items

= 0.31 × 6,800

= 2,108

C Items:

= Percent of items in inventory × No. of items

= 0.59 × 6,800

= 4,012

Units to be counted everyday:

=\frac{A\ items}{workings\ days} + \frac{B\ items}{workings\ days} + \frac{C\ items}{workings\ days}

=\frac{680}{22} + \frac{2,108}{61} + \frac{4,012}{124}

      = 30.90 + 34.55 + 32.35

      = 97.8 or 98 items

7 0
3 years ago
The owner of the business where you work has asked for your advice on restructuring the organization. You know that customer ser
ehidna [41]

Answer:

Flatter structures are appropriate for organizations that empower employees to solve customer problems.

Explanation:

These are the options for the question below;

✓A taller structure will improve the speed at which decisions are implemented.

✓Flatter structures are appropriate for organizations that empower employees to solve customer problems.

✓With a tall structure, supervisors can avoid hearing about customer complaints.

✓A flatter structure will further centralize decision making.

From the question, we are informed about an instance, where The owner of the business where i work has asked for your advice on restructuring the organization. Since I know that customer service is the cornerstone of the company. In this case I will recommend Flatter structures which is the best structure for organization that give empowerment to their employees in order to be able to solve problems associated with customers.

Flatter structure in an organization can be regarded as a structure that posses limited level of management or no level existing between the staff employee and the management of the organization. Flatter structure gives little supervision to the employees though it brings in their involvement when it comes to decision making

.

4 0
3 years ago
The Galindo family plans to start a small business in our neighborhood. The father
dmitriy555 [2]

Answer:

$2,625

Explanation:

Interest is calculated using the formula

I = p x r x t

For Galindo family

I= interest,

P = principal amount : $10,000

r= Interest rate: 7.5 % or 0.075

t= times in years : 3.5 years( 42 months /12)

I= $10,000 x 0.075 x 3.5

I=750 x 3.5

I=$2,625

3 0
3 years ago
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