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leva [86]
3 years ago
5

Wilson Wonders's bonds have 12 years remaining to maturity. Interest is paid annu- ally, the bonds have a S1,000 par value, and

the coupon interest rate is 10%. The Yield to Maturtty for Annual Payments bonds sell at a price of S850. What is their yield to maturity?
Business
1 answer:
MAXImum [283]3 years ago
3 0

Answer:

approximate YTM = 12.16%.

Explanation:

the approximate yield to maturity = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]

approximate yield to maturity = {100 + [(1,000 - 850) / 12]} / [(1,000 + 850) / 2] = 112.5 / 925 = 0.1216 = 12.16%

An investor that purchases this bond at $850 can expect to earn a 12.16% return.

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Answer:

personnel management.

Explanation:

Training new personnel who just started working at the office fits under personnel management.

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Hence, the main purpose and focus of personnel management is to provide a quality workforce necessary to successfully achieve the organizational set goals and objectives.

5 0
3 years ago
On May 25, after the transactions had been posted, Adams discovered that the following entry contains an error. The cash receive
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Answer:

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3 0
3 years ago
When using modified accrual accounting, revenues should be recognized when measurable and available to finance expenditures of t
Tanzania [10]

Answer:

False.

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4 years ago
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lord [1]
If this question has the same choices like the previous ones posted here, then the answer would be letter letter C. <span>The speaker is willing to improve workplace safety.
</span><span>
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3 years ago
How do you put a picture with your question on brainly.
Sonja [21]

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when you are making your question, their should be a little paper clip looking thing in the bottom corner, click on it and you can add your picture of get a picture form your camera roll, or file on your computer

Explanation:

I hope this helps

3 0
3 years ago
Read 2 more answers
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