1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Illusion [34]
3 years ago
12

Bonds issued by the Coleman Manufacturing Company have a par value of $1,000, which of

Business
1 answer:
miss Akunina [59]3 years ago
8 0

Answer:

19.05%

Explanation:

the approximate yield to maturity (YTM) formula is:

approximate YTM = {C + [(FV - PV) / n]} /  [(FV + PV) / 2]

  • C = coupon payment = $130
  • FV = face value or value at maturity = $1,000
  • PV = present value or current market value = $690
  • n = 10 years

approximate YTM = {$130 + [($1,000 - $690) / 10]} /  [($1,000 + $690) / 2] = ($130 + $31) / $845 = $161 / $845 = 0.1905 or 19.05%

You might be interested in
Which of the following statements concerning the cash budget is CORRECT? a. Depreciation expense is not explicitly included, but
Ostrovityanka [42]

Answer:

a. Depreciation expense is not explicitly included, but depreciation's effects are reflected in the estimated tax payments.

Explanation:

The cash budget is the budget that represents the receipts and payment of transactions held in cash

It includes the interest and dividend payment as it shows the outflow of cash if payment is made in cash

Moreover, it also affects the DSO and includes cash inflows with related to the long term sources such as issuance of bonds

But as we know that the depreciation is a non cash expense so it not much included but its effects are projected in the payment of tax

7 0
3 years ago
In a random sample of patient records in cutter memorial hospital, six-month postoperative exams were given in 90 out of 200 pro
ANEK [815]
I think the reason why the normality of these two proportions is assumed because of n(3.13159) greater than or equal to 10 and n(1 - 3.13159) is greater than or equal to 10. Therefore, for each sample in this research, it must be taken separately. 
4 0
3 years ago
Global reserves of oil, gas, and coal are still abundant. <br> a. True <br> b. False
tiny-mole [99]
I think the answer must be True! Because the scientist are uncertain of how long the resources will be last. Hope it helped you!  Have a great day! :)
3 0
3 years ago
"A customer has purchased 1,000 shares of ABC stock at $44 per share, paying a commission of $1.00 per share for the transaction
ikadub [295]

Answer:

1,200 shares held at a cost basis of $37.50

Explanation:

Since there are 1,000 shares are purchased

and the stock dividend is 20%

So the number of shares after the dividend is  

= 1,000 × (1 + dividend percentage)

= 1,000 × (1 + 0.20)

= 1,000 × 1.20

= 1.200

And, the price per share is

= $44 + $1

= $45

So, the cost basis would be

= $45 ÷ 1.20

= $37.50

hence, the tax status of the investment is 1,200 shares held for cost at $37.50 basis

5 0
3 years ago
Mary has increased her​ __________ skills that now allow her to​ access, interpret,​ summarize, and communicate data more effect
stepladder [879]

Answer:

Mary has increased her data literacy skills that now allow her to​ access, interpret,​ summarize, and communicate data more effectively.

Explanation:

Data analysis is the process by which data is transformed in such a way that useful information can be extracted from it. Data analysis is a key skill that is needed in most business nowadays, for example; financial data can be very crucial in the planning, budgeting and execution of projects. The process of data analysis has been automated to take raw data and produce a result that can be readily consumed easily by humans in the form of charts and graphs. From this end result, conclusions can be drawn by data experts on what the results mean.

Experts in data analysis are therefor needed to adequately access, interpret, summarize and communicate data more effectively. These are skills that need to be learned for better overall quality of the data presentation. In general, the principals are referred to as data literacy skills. Data literacy can be defined as the ability of an individual to extract useful information from raw data.

3 0
3 years ago
Other questions:
  • What are the procedures of manage discrepancies?
    14·1 answer
  • The U.S. Securities and Exchange Commission periodically charges individuals with insider trading and claims those individuals h
    13·1 answer
  • A growth plan is the same as a business plan. True or False?​
    12·1 answer
  • You are looking at an investment that has an effective annual rate of 14.3 percent. a. What is the effective semiannual return?
    5·1 answer
  • If a bank sells​ $10 million of bonds to the Fed to pay back​ $10 million on the loan it​ owes, what will be the effect on the l
    9·1 answer
  • Unlike a general partnership, in a limited partnership
    5·1 answer
  • What are some good outdoor thing to do outside for the summer<br> list as many as can
    5·1 answer
  • In terms of general value propositions, the Hawks are providing greater value with a ____________________ strategy.
    5·1 answer
  • What would be the net present value of a microwave oven that costs $159 and will save you $68 a year in time and food away from
    12·1 answer
  • Which piece of office equipment can help keep sensitive information private?
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!