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Mrrafil [7]
3 years ago
5

Consider a bond with a face value of $100 and a time to maturity of one year. If the current market price of the bond is $96, wh

at is the bond yield? (Provide your answer in decimal form to four decimal places, i.e. 1.55% - 0.0155)
Business
1 answer:
marissa [1.9K]3 years ago
8 0

Answer:

4.17% or 0.0417

Explanation:

the present value of your investment is $96

the future value of your investment is $100

time period n = 1

using the future value formula:

$100 = $96 x (1 + r)¹

1 + r = $100 / $96 = 1.04167

r = 1.04167 - 1 = 0.04167 = 4.167%= 4.17%

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On January 1, Year 2, Kincaid Company's Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $31,000
Diano4ka-milaya [45]
D Increase total assets and decrease net income
3 0
3 years ago
Joan grows pumpkins. If Joan plants no seeds on her farm, she gets no harvest. If she plants 1 bag of seeds, she gets 500 pumpki
valkas [14]

Answer: Option (B) is correct.

Explanation:

Correct option: Decreasing marginal product.

Marginal product is the change in the level of output, when there will be an extra input employed in the production of a certain commodity.

So, Marginal Product = \frac{change\ in\ Q}{Change\ in\ I}

Where,

Q = Output

I = Input

Marginal product of 1st bag = 500

Marginal product of 2nd bag =  \frac{800-500}{2-1} = 300

Marginal product of 3rd bag =  \frac{900-800}{3-2} = 100

∴ From the above calculations, we can seen that as we employed one more bag of seeds as a result marginal product goes on diminishing.

Hence, Joan's production function exhibits decreasing marginal product.

3 0
4 years ago
has a standard of 2 direct labor hours per unit. The standard wage rate of each worker is $32.50 per hour. In July, the company
ikadub [295]

Answer:

$130 Favourable

Explanation:

Given the above information,

Standard hours = 2 × 4770 = 9,540

Actual hours = 8,940

Standard rate = $32.50

Then, Direct labor efficiency variance is computed as

= ( Standard hours allowed for production - Actual hours taken) × Standard rate per direct labor hour

= [(2 × 4,770) - 8,940] × $32.50

= [9,540 - 8,940] × $32.50

= 600 × $32.50

= $130 Favourable

6 0
2 years ago
At the beginning of 2020, Sun Angel Corporation began offering a two-year warranty on its products. The warranty program was exp
Artemon [7]

Answer:

$2,210,126

Explanation:

Calculation to determine what The amount reported on Sun Angel's 2020 year end balance sheet for Estimated Warranty Liability is:

Estimated Warranty Liability=(1%+3%*$184,743,795)-$5,179,626

Estimated Warranty Liability=$7,389,752-$5,179,626

Estimated Warranty Liability=$2,210,126

Therefore The amount reported on Sun Angel's 2020 year end balance sheet for Estimated Warranty Liability is:$2,210,126

5 0
3 years ago
Which statement regarding strategies is true?
Iteru [2.4K]
<span>"C. Strategies facilitate objectives" This is true because there's a series of objectives that must be completed within any strategy, and the other options can be true however not for every strategy.</span>
5 0
3 years ago
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