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11111nata11111 [884]
3 years ago
6

A corporate bond is quoted at a price of 98.96 and has a coupon rate of 4.8 percent, paid semiannually. What is the current yiel

d?
A) 4.24 percent
B) 4.85 percent
C) 5.36 percent
D) 5.62 percent
E) 4.66 percent
Business
1 answer:
Vadim26 [7]3 years ago
6 0

Answer:

B) 4.85 percent

Explanation:

The computation of the current yield is shown below:

As we know that

Current yield is

= Coupon rate ÷ Price of the corporate bond

= 4.8% ÷ 98.96

= 4.85%

Hence, the current yield is 4.85%

Therefore the correct option is B.

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

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Answer:

The level of sales in units is 7,400

Explanation:

The computation of the level of sales in units is shown below:

= (Fixed cost + target income) ÷ (Contribution margin per unit)

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= $392,200 ÷ $53 per unit

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The Contribution margin per unit is

= Selling price per unit - variable cost per unit

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When putting away pallets of freight into multiple depth drive-in bays, what level of racking should be stocked first, second, a
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3 years ago
A manufacturing operation consists of 10 operations. However, five machining operations must be completed before any of the rema
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Answer:

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Explanation:

For this calculation I will assume that the first 5 operations can be made in any order, as well as the last 5.

For the first set of machining operations, since they can go in any order, you choose one operation and then you have 4 operations left, then you choose another operation and you have 3 operations left, then you choose another operation and you have 2 operations left, you choose another option and you have only 1 operation left.  This process can be expressed by the following equation: 5 x 4 x 3 x 2 x 1 = 120 possible different combinations. Mathematically it can also be expressed as 5! = 120

The same for the last 5 assembly operations, you have 5 x 4 x 3 x 2 x 1 = 120 possible different combinations.

So to get the total possible combinations of all the process, we just multiply 120 x 120 = 14,000 or 5! x 5! = 14,400

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.2*  10,000,000= $2,000,000

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That statement is true
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