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avanturin [10]
3 years ago
12

Vulcan, Inc., has 7.6 percent coupon bonds on the market that have 9 years left to maturity. The bonds make annual payments and

have a par value of $1,000. If the YTM on these bonds is 9.6 percent, what is the current bond price
Business
1 answer:
ElenaW [278]3 years ago
4 0

Answer:

$882.97

Explanation:

Coupon rate = 7.60%

Nper = 9 years

Pmt = 76 (Fv*Coupon rate)

Fv = $1000

Yield = 9.60%

Price = Pv(rate, nper, pmt, fv)

Price = Pv(9.6%, 9, 76, 1000)

Price = $882.97

So, the current bond price is $882.97.

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Walsh Company expects sales of Product W to be 60,000 units in April, 75,000 units in May, and 70,000 units in June. The company
pishuonlain [190]

Answer:

65,000 units

Explanation:

The computation of the production for the month of April is shown below:

= April units + Next month percentage × May sales - Ending inventory units

= 60,000 units + 0.40 × 75,000 units - 25,000  units

= 60,000 units + 30,000 units - 25,000 units

= 65,000 units

We simply added the April units and the may sales by considering the next month percentage and deduct the ending inventory units so that the production units for April month could come

3 0
3 years ago
Buget Constraint. Suppose that Russ has budgeted $20 a month to by candy bars, music downloads, or some combination of both. If
GrogVix [38]

Answer:

The answer to this question can be defined as follows:

Explanation:

Please find the graph in attachment.

In point a.

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 In point b.  

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In point  c.  

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In point e.  

The cost of opportunity won't change as the price of the items is constant.

5 0
3 years ago
A sale of goods was denominated in a currency other than the entity’s functional currency. The sale resulted in a receivable tha
icang [17]

Answer:

Explanation:

Based on the scenario being described within the question it can be said that the effect of the change should be included as a transaction gain reported as a component of income from continuing operations. This is because this event is a foreign currency transaction and would therefore be reported as a component of income from current operations for the current period that the company is in as opposed to an FC tranaction.

**Either A. or C. are wrong as both are the same and one should be a gain option.**

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3 years ago
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Answer:

Increasing Returns on Investment helps business increase its capacity to to respond to customers, stockholders, governments, employees, and other stakeholders, which results in better-quality products, higher financial returns, and high quality of work life.

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3 years ago
Describe the trends in fuel efficiency in the United States since the 1970s. Explain why the price of gasoline is much higher th
Georgia [21]

Answer:

See the concepts below

Explanation:

Government fuel efficiency standards for vehicles have been generally slightly low for many years. Between the years 1973-1985 the average fuel efficiency for new vehicles sold in the U.S. increase considerable, because the government create new laws for the corporate average fuel economy.

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6 0
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