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Tcecarenko [31]
3 years ago
9

West Corp. issued 15-year bonds two years ago at a coupon rate of 7.3 percent. The bonds make semiannual payments. If these bond

s currently sell for 103 percent of par value, what is the YTM?
Business
1 answer:
MaRussiya [10]3 years ago
7 0

Answer:

7.44 %

Explanation:

The Yield to Maturity (YTM) is the Interest rate that makes the Present Value of Coupons and Principle equal the Market Price or Current Price of the Bond.

The Yield to Maturity can be calculated using a financial calculator as follows :

PV = - $100

N = (15 -2) × 2 = 26

PMT = ($100 ×  7.30%) ÷ 2 = $3.65

FV = $103

P/YR = 2

YTM = ?

Therefore, Inputting the values in the calculator as shown gives the Yield to Maturity is 7.44 %.

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T-bills currently yield 4.8 percent. Stock in Nina Manufacturing is currently selling for $85 per share. There is no possibility
slega [8]

Answer:

The correct answer is $18.206.

Explanation:

The yield percentage is given as 4.8%.

The stock price is given as $85.

The exercise price of the call option is given as $70.

Value of the call option will be

= Stock price- present value of the exercise price

= 85-\frac{70}{1+0.048}

= $85 - $66.79

= $18.206

So, the value of call option is $18.206.

5 0
3 years ago
Henry is the manager at a store that sells clothes for all seasons. The latest trend, he found, was in summer beachwear. So, he
DaniilM [7]
I don't know. There are no answer options. Maybe palm trees etc.?
3 0
3 years ago
Read 2 more answers
List one method for accepting a job offer and one method for rejecting a job offer.
Sophie [7]
For both accepting and rejecting, thank the employer for the wonderful opportunity that was given. When accepting state that you are happy with the employment terms, and the salary that was given. When rejecting tell the employer thank you, but simply state how there may have been better opportunities, or how the job was not the right fit for you. Both should be done either by email or phone.
8 0
4 years ago
Read 2 more answers
A newspaper report states the following: "On March 2, Bastiaan Vanacker was arrested for indecent exposure"; However, what reall
musickatia [10]

Answer:

a. Bastiaan Vanacker wins a libel suit , Sebastian Van Akker loses.

Explanation:

Libel is where a defamatory statement has been published and that statement is false, this will result in the person able to claim libel charges.

This means that if information about someone is publicised (specially a private figure) for any criminal act and which could lead to damage that person's reputation seriously without any proper evidence or even false evidence then this would become ground for a libel case.

Such as in this case where a journalist reported that Bastiaan Vanacker was arrested for indecent exposure even though this was not really the case. As confirmed through the police report which the journalist had misread. This libel suit filed by Bastiaan Vanacker would be won, as his reputation has been damaged to the falsely alleged report published in the newspaper.

However, in the case of Sebastian Van Akker, who had actually committed the crime and no information was mentioned about him in the newspaper, will lose the libel suit filed. This is due to the fact that he was not defamed for any act which he himself had not conducted.

5 0
3 years ago
If you felt that recent demand trends were more significant, and thus should be emphasized more in formulating a forecast, then
balu736 [363]

Answer:

False

Explanation:

Forecasting demand is a practice of using historical data about demand to predict likely future demands of certain goods and services.

The simple moving average as the name implies uses the average overall trend in determining the forecasted value.It does not emphasize on recent demand trends.

The conventional weighted moving average emphasizes more on recent demand trend by  selecting demands data that are close to the period being forecasted

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