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Svet_ta [14]
3 years ago
6

In formal writing, you _____________ ____________ use abbreviations. Should never should always almost never almost always Forma

l writing usually requires that you spell everything out, with a few exceptions like P.M. And Mr.
Business
1 answer:
ryzh [129]3 years ago
8 0

Answer:

i would say should never

Explanation:

hope this helps :)

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Hagelin Co. wants to issue new 15-year bonds for some much-needed expansion projects. The company currently has 8 percent coupon
Natasha2012 [34]

Answer:

YTM 7.02%

Explanation:

we will calcualte the YTM of the current bonds to know the market rate.

Issuing the bonds at this rate will put them at par value.

The YTM is the one which mades the future coupon payment and maturity equal to the market price.

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

Coupon payment: 1,000 x 8%/2 =  40

time 30 (15 years x 2 payment)

40 \times \frac{1-(1+r)^{-30} }{r} = PV\\

PV coupon

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  1,000.00

time   30.00

\frac{1000}{(1 + r)^{30} } = PV  

PV maturity  355.24

PV coupon +  PV maturity = 1,090

For maths reason the only way to solve for rate is with trial and error

we can, however use excel to do it more quickly than by hand:

we write on A1 cell 0.1

en on B1 cell: =PV(A1,30,40)

on C1 cell= 1,000/power(1+A1;1/30)

on D1 =B1+C1

What we are doing is expressing the formulas on excel

then we use goal seek on D1

w e want it on 1090 cahnging the cell A1 which is the rate

this give us the semiannual rate of :

0.035100422

we multiply by 2 to get the annual rate:

0.070200843

YTM = 7.02%

we need to issue the bond at this rate.

8 0
3 years ago
What document is necessary to get through the security checkpoints at airports?
jasenka [17]
If youre traveling in the US then all you need is an ID with your picture

and if youre traveling outside you need a valid passport
6 0
3 years ago
I got this question on my quiz a few weeks ago and was wondering if anyone could explain the best/correct answer.
Anon25 [30]

Answer:

Easy it's B, this is because the rate at which we earn interest with only 1000$ does not keep up with the maintenance fee.

In B u get $1010 because of the interest after the first year,

In D u get $960 because if u get an annual interest of 2% from $1000 u get a total of $1020 but deduction from maintenance fee is $60 per year, Thus $1020-$60 = $960. Same explaination for the others as well.

4 0
1 year ago
Jason has a Visa credit card and the Annual Percentage Rate is 18%, what is the rate he will be charged interest on per month?
Keith_Richards [23]

Answer:

a. 1.5%

Explanation:

18% for 12 mo

18%/12 mo

1.5%/mo

5 0
3 years ago
At the end of the first year of operations, Yolandi Company had $900,000 in sales and accounts receivable of $350,000. XYZ’s man
vivado [14]

Answer:

1. $13,500

2. $13,500

3. $336,500

Explanation:

1. Bad debt expense:

= Sales × Percent of sales uncollectible

= $900,000 × 1.5%

= $13,500

Therefore, the bad debt expense for the year 2019 is $13,500.

2. Allowance for Doubtful accounts = $13,500

3. For the end of 2019, what is the company's net realizable value:

= Accounts receivable - Allowance for Doubtful accounts

= $350,000 - $13,500

= $336,500

6 0
3 years ago
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