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mariarad [96]
3 years ago
15

A 5% coupon, 18-year annual bond has a yield to maturity of 6.2%. Assuming the par value is $1,000 and the YTM does not change o

ver the next year, what will the price of the bond be today
Business
1 answer:
GenaCL600 [577]3 years ago
3 0

Answer:

Price of Bond=$871.997

Explanation:

<em>The price of a bond is the present value (PV) of the future cash inflows expected from the bond discounted using the yield to maturity.</em>

<em>Price of Bond = PV of interest payment + PV of redemption value</em>

PV of interest payment

interest payment = 5%× 1,000 = $50

PV = A × (1- 1+r)^(-n)/r

r- 6.2%, n- 18, A- 50

PV = 50 × (1 -1.062^(-18))/0.062=533.341

PV of redemption

PV = FV × (1+r)^(-n)

PV = 1,000 × 1.062^(-18)= 338.655

Price of the stock = 533.3419 + 338.655

Price of Bond=$871.997

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What term is used to mean employee expertise and politeness and their ability to convey trust?
melomori [17]

Answer:

The term is Assurance

Explanation:

Assurance is the term that is used to mean employee expertise and politeness and their ability to convey trust. It refers to the employee's knowledge and courtesy and thereby shows his ability to convey trust.

Employees that possess the virtue of assurance in the workplace give their employers the opportunity to trust them. Such employees perform well at work.

4 0
3 years ago
describe some similarities and differences among broker-dealer networks, alternative trading systems (ats), and registered stock
Troyanec [42]

However, unlike exchanges,  ATS has no members (ATS has "subscribers") and has no regulatory liability. An ATS can trade listed stocks like a stock exchange, but unlike a stock exchange, an ATS can also trade unlisted stocks (also known as OTC stocks) and fixed income securities such as bonds.

The main similarity between broker-dealer networks, alternative trading systems, and registered stock exchanges is that they are all some kind of market for  buying and selling  securities, either stocks or bonds.

What are alternative trading systems(ATS)?

An Alternative Trading System (ATS) is an SEC-regulated electronic trading system that matches orders between buyers and sellers of securities.  ATS is not a domestic stock exchange. However,  ATS can apply to the SEC to become a domestic stock exchange.

What is a registered stock exchange?

A registered stock exchange that has filed and approved a registration statement with the SEC. All major US stock exchanges  are registered with the SEC under the Securities Exchange Act of 1934.

To know more about ATS and Registered stock exchange visit here:

brainly.com/question/17320981

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5 0
1 year ago
You just won $30,000 and deposited your winnings into an account that pays 3.9 percent interest, compounded annually. how long w
ruslelena [56]
For this case we have an equation of the form:
 y = A * (b) ^ x&#10;
 Where,
 A: initial amount
 b: growth rate
 x: number of years
 Substituting values we have:
 y = 30000 * (1,039) ^ x&#10;
 By the time the earnings increase to 75000 we have:
 75000 = 30000 * (1,039) ^ x&#10;
 From here, we clear x:
 (1,039) ^ x = (75000/30000)&#10;&#10;log1.039 ((1.039) ^ x) = log1.039 ((75000/30000))&#10;&#10;
 x = log1.039 ((75000/30000))&#10;&#10;x = 23.95 years
 Answer:
 
you will have to wait until 23.95 years your winnings are worth $ 75,000
7 0
4 years ago
The audience's perception of a speaker's competence, trustworthiness, and dynamism is termed A) credibility. B) charisma. C) cha
MAXImum [283]

Answer:

A) credibility

Explanation:

Credibility can be defined as the quality of being trusted and believed in.

The audience have been able to perceive the competence, trustworthiness and the dynamism of the speaker, and these are the criteria to judge credibility.

4 0
3 years ago
Why do you think setting goals can influence an employee's safety-related actions in the workplace?
Montano1993 [528]

Answer:

Setting goals helps with knowing what to focus on and what to do at work

This helps the employee do better at work because they know exactly what they are going for

Explanation:

Just write a bunch of things about the things I said above like try to go into more detail about them I tried helping but I don’t think I can write 200 words worth of explanation on here

3 0
3 years ago
Read 2 more answers
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