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frozen [14]
3 years ago
5

Consider a bond (with par value = $1,000) paying a coupon rate of 9% per year semiannually when the market interest rate is only

6% per half-year. The bond has three years until maturity. Find the bond's price today and 6 months from now after the next coupon is paid. ?
Business
1 answer:
dybincka [34]3 years ago
5 0

Answer:

The bond price is $ 926.24  today

The bond price in six months is $ 936.81

Explanation:

Find detailed calculation in the attached spreadsheet.

Download xlsx
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Chips of Joy, a leading chocolate chip cookie manufacturer, has decided to use the same marketing strategy and marketing mix wor
frozen [14]

If the only change that will be made is language translation on the various packaging. Chips of Joy is using a(n) <u>standardized globa</u>l marketing strategy.

<h3>What is marketing strategy?</h3>

Marketing strategy can be defined as the strategy applied when creating awareness about a product so as to generate more sales.

Standardized global marketing strategy enables  companies to market or promote their product or brand internationally or across the globe.

Therefore Chips of Joy is using a(n) <u>standardized globa</u>l marketing strategy.

Learn more about Marketing strategy  here: ttps://brainly.com/question/25640993

#SPJ1

7 0
2 years ago
A nonsufficient-funds check was returned to your company. How does the bank treat this on your bank statement?
Anit [1.1K]

Answer:

B. IT'S SHOWN AS A DEBIT MEMO

Explanation:

A bank creates a debit memo when it charges a company a fee on its bank statement, thereby reducing the balance in the company's checking account. Thus, if a bank account has a balance of $1,000 and the bank charges a service fee of $50 with a debit memo, the account then has a remaining balance of $950. Examples of charges that can cause debit memorandums are bank service charges, bounced (not sufficient funds) check fees, charges for the printing of check stock, and rental fees for the use of remote deposit capture scanners and software

8 0
4 years ago
You are considering purchasing stock in Canyon Echo. You feel the company will increase its dividend at 4.7 percent indefinitely
NISA [10]

Answer:

b.$57.08

Explanation:

Current price=D1/(Required return-Growth rate)

=(3.38*1.047)/(0.109-0.047)

which is equal to

=$57.08.  

7 0
3 years ago
You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent annuall
vekshin1

Answer:

FV= $6,124.46

Explanation:

Giving the following information:

You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent annually,

Annual deposit= $1,400

Number of periods= 4 years

Interest rate= 6%

<u>To calculate the future value, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {1,400*[(1.06^4) - 1]} / 0.06

FV= $6,124.46

6 0
3 years ago
Based on the given information, what will be the working capital of the company?
Romashka-Z-Leto [24]

Answer:

$37,000

Explanation:

Working capital indicates the difference between a company's current assets and its current liabilities.

Current assets include such as cash at hand, bank balances, cash equivalents, and inventories. Current liabilities are accounts payable, bills, and short term debts.

in this case,

Current assets include

Inventory    $50,000

Cash at Bank    $ 5,000

prepaid rent    <u>  $5,000</u>

Total current assets <u>$60,000</u>

current liabilities

Notes Payable   $20,000

tax payable       <u>   $3,000</u>

Total current liabilities  <u>   $23,000</u>

Working capital

= $60,000 - $23,000

= $37,000

7 0
3 years ago
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