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ruslelena [56]
3 years ago
14

Workman Software has 11 percent coupon bonds on the market with 19 years to maturity. The bonds make semiannual payments and cur

rently sell for 108.3 percent of par. a. What is the current yield on the bonds
Business
1 answer:
Olenka [21]3 years ago
6 0

Answer:

10.16%

Explanation:

Coupon amount = 11% * 1000

Coupon amount = $110

Price of bond = 1000*108.3%

Price of bond = $1,083

Current yield = Coupon amount / Price of bond

Current yield = $110 / $1,083

Current yield = 0.1015697

Current yield = 10.16%

So, the current yield on the bonds is 10.16%.

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Answer:

Capitalized Expenditures:

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Explanation:

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The criteria for capitalizing expenditure depend on whether the expenditure is necessary to bring the asset to the condition and location where it can be operated as desired by the management.  It must also meet the threshold amount set by management for capitalization.  This is because some assets can be used for more than one year and still they are not regarded as capital assets.  Example is a stapling machine that costs less than a dollar.

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3 years ago
In order to make sure that a creditor of the insured is not paid more than the outstanding loan at time of claim, the policyowne
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A creditor is a man or woman or institution that extends credit to any other celebration to borrow cash normally by way of a mortgage agreement or contract. lenders including banks can repossess collateral like homes and automobiles on secured loans, and take borrowers to the courtroom over unsecured money owed.

For instance, a debtor/creditor relationship is if you take out a mortgage to shop for your house. then you as the property owner are a debtor, while the bank that holds your loan is the creditor. In trendy, if someone or entity has loaned cash then they are a creditor.

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1 year ago
Anna and ben are up for the same promotion at work. when it comes time to make a decision, the management committee chooses ben
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I believe that Anna has just encountered a glass ceiling. 
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3 years ago
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An essential metric for assessing the financial performance of a company's main business operations is operating cash flow.

A cash flow statement's opening part, which also contains cash from investing and financing activities, shows operating cash flow.

The indirect method and the direct approach are both ways to show operating cash flow on a cash flow statement.

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