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aliina [53]
3 years ago
7

You find a zero coupon bond with a par value of $10,000 and 27 years to maturity. The yield to maturity on this bond is 4.9 perc

ent. Assume semiannual compounding periods. What is the price of the bond
Business
1 answer:
viktelen [127]3 years ago
6 0

Answer:

$2,706.16

Explanation:

The Price of the Bond is also known as its Present Value or PV.

This is calculated as follows :

FV = $10,000

N = 27 × 2 = 54

I = 4.9 %

P/YR = 2

PMT = $0

PV = ?

Using a financial calculator to input the value as above, the PV is $2,706.16

Therefore, the price of the bond is $2,706.16

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When sales agent jane first contacted john, after her three-month vacation to barbados, was seller john her client?
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If  sales agent jane first contacted john, after her three-month vacation to barbados. No, seller john  was not her client?

<h3>Who is a sales agent?</h3>

A sales agent can be defined as someone whose sole responsibility is to sell product to potential customers and to as well market product to buyer.

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6 0
2 years ago
At market equilibrium, Group of answer choices quantity demanded equals quantity supplied. surpluses are greater than shortages.
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Answer:

quantity demanded equals quantity supplied

Explanation:

The market equilibrium is the price at which the quantity demanded and the quantity supplied cross each other. The intersection could be made by supply and demand curves.

Therefore, there is a direct relationship between the price and the quantity supplied, while the price and quantity demanded have an inverse relationship.

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3 years ago
Two individuals at a retail store work the same cash register. You evaluate this situation as Select one: a. Supporting internal
spin [16.1K]

Answer:

B. A violation of establishment of responsibility

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You have a rich aunt who wants to give you money. She offers you two choices: Choice 1: You receive $100 starting today once a y
ValentinkaMS [17]

Answer:

Choice 1 is more profitable.

Explanation:

Giving the following information:

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You receive $100 starting today once a year every year for the rest of eternity.

Choice 2:

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<u>I will assume an interest rate of 8%</u>

The first option and second option are a perpetual annuity. To calculate the present value, we need to use the following formula:

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