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Burka [1]
3 years ago
14

A corporate bond pays 7​% of its face value once per year. If this ​$10 comma 000 10​-year bond sells now for ​$10 comma 600​, w

hat yield will be earned on this​ bond? Assume the bond will be redeemed at the end of 10 years for ​$10 comma 000.

Business
1 answer:
Leokris [45]3 years ago
3 0

Answer:

6.18%

Explanation:

We use the RATE formula i.e to be shown in the attachment below:

Present value = $10,600

Future value or Face value = $10,000  

PMT = 10,000 × 7% = $700

NPER = 10 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this, the yield to maturity is 6.18%

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slava [35]
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The fluctuations in business cycle usually involves shift between period of relatively rapid economic growth and period of relative stagnation or decline. Business cycle is measured by considering the growth rate of real gross domestic product of the nation concerned.
5 0
3 years ago
2-3 personal experience of exploitation as a consumer
Scilla [17]

Answer:

<u>Explanation</u>:

Exploitation often involves a denial of an individual's right (in this case a consumer's right).

Consumers are often exploited in this three areas:

Poor quality standard: For example, one may purchase an electronic device, which in most cases the quality level is determined only after using the product and then discover that the product has failed to meet expectations like performance failure.

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3 0
3 years ago
In three to five sentences, describe the steps you can take to effectively organize your writing.
xz_007 [3.2K]
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7 0
3 years ago
Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters
svet-max [94.6K]

Answer:

The production plan for Q3 is 208,000 units of supermix.

July 64,000

August 70,000

September 74,000

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July 23,000

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The detailed presentation is in the attached document

7 0
3 years ago
Lori prefers to purchase cosmetics at self-service drug stores as saleswomen at cosmetic counters in department stores intimidat
Stells [14]

Answer: Social comparison

Explanation:

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 According to the given scenario, the self evaluation is basically conducted by the Lori is best illustrate example of the social comparison as people generally compared themselves with the other people for the purpose of self motivation and improvement.  

Therefore, Social comparison is the correct answer.

8 0
3 years ago
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