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igor_vitrenko [27]
3 years ago
10

A perpetual bond with a par value of $1,000 and a coupon rate of 7.75% has a current market price of $900. What is its yield to

maturity
a. 9.32%
b. 8.33%
c. 7.92%
d. 9.45%
e. 8.61%
Business
1 answer:
photoshop1234 [79]3 years ago
6 0

Answer: e. 8.61%

Explanation:

This is a perpetual bond so the price is calculable by;

Price = Coupon / Yield to Maturity

Coupon = 7.75% * 1,000

= $77.50

900 = 77.50/ YTM

900 * YTM = 77.50

YTM = 77.50/900

= 8.61%

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NNADVOKAT [17]

it is false and uncommon for debt investors to push entrepreneurs to pursue less risky business strategies for their ventures.

Basically, debt investment entails an investor who lends his money to a firm, individual with an expectation of repayment of loan plus interest from them at a particular date.

The practice that borrowers should engage in less risky business strategies for their ventures will not be encouraged by debt investors because it is less risky and will not yield high return to allow them repay their loan quick enough.

Therefore, it is false and uncommon for debt investors to push entrepreneurs to pursue less risky business strategies for their ventures.

Read more about this here

<em>brainly.com/question/25219850</em>

3 0
2 years ago
Collier Chemicals has redesigned many jobs to make the work more interesting and challenging for its employees. The company enco
Novay_Z [31]

Answer:

correct option is b. frederick herzberg to increase worker motivation.

Explanation:

given data

reimbursing them up to =  $7,500 per year

solution

  • Frederick Herzberg developed his two-factor theory from the hierarchy of Abraham Maslow to the theory of necessities. The two-factor theory basically states that employers have a set of factors that motivate them and that they have a particular set of factors that do not motivate them, and that the two factors are independent of each other.  
  • as employers may try to motivate employees by following certain actions, but this does not mean that employees are ignored every time, because beliefs, actions, and events that lead to lack of motivation are different from those that go by. More motivation.
  • Factors that motivate employees include: self-awareness, complexity of work, achievement recognition, loss of responsibility.

so  Collier Chemicals is adopting a strategy to meet those needs.

7 0
3 years ago
The demand for this type of good rises when income falls and falls when
Amiraneli [1.4K]

Answer:

o inferior

Explanation:

The inferior goods shown the inverse relationship between the demand and the income. If the demand of the goods is increased so the income would fall and if the demand of the goods fall so the income would rises

So this represent that the good is an inferior good

Hence, the second option is correct

4 0
2 years ago
QS 5-3 Merchandise accounts and computations LO C2 Kleiner Merchandising Company Accumulated depreciation $ 700 Beginning invent
irakobra [83]

Answer:

a.  $8,900

b.  $7,200

c.  $2,300

d.  $850

Explanation:

<u>Goods Available For Sale Calculation :</u>

Beginning inventory             5,000

Add Net Purchases               3,900

Goods Available For Sale     8,900

<u>Cost of Goods Sold Calculation :</u>

Goods Available For Sale     8,900

Less Ending Inventory          (1,700)

Cost of Goods Sold               7,200

<u>Gross Profit Calculation :</u>

Net Sales                               9,500

Less Cost of Goods Sold     (7,200)

Gross Profit                            2,300

<u>Net Income Calculation :</u>

Gross Profit                            2,300

Less Expenses                      (1,450)

Net Income                               850

6 0
3 years ago
Sales to customers who use bank credit cards such as mastercard and visa are usually recorded by:a. Debit to Cash and a credit t
algol13

Answer:

c. Debit to Bank Credit Card Sales, debit to Credit Card Expense, and a credit to Sales

Explanation:

The journal entry is shown below:

Bank credit card sales A/c Dr XXXXX

Credit card expense A/c Dr XXXXX

       To Sales A/c XXXXX

(Being the sales is recorded via bank credit cards)

As the credit card has some expense so we debited the credit card expense along with the bank credit card sales and credited the sales as it is revenue which is to be credited

4 0
3 years ago
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