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fomenos
3 years ago
9

Atom Endeavour Co. issued $39 million face amount of 8.1% bonds when market interest rates were 8.03% for bonds of similar risk

and other characteristics. Required: a. How much interest will be paid annually on these bonds
Business
1 answer:
svetlana [45]3 years ago
8 0

Answer: $3,159,000

Explanation:

Based on the information provided, the amount of interest that will be paid annually on these bonds will be calculated as follows:

Interest = Coupon rate × Face value

where,

Coupon rate = 8.1%

Face value = $39 million

Interest = Coupon rate × Face value

= 8.1% × $39 million

= 0.081 × $39 million

= $3,159,000

Therefore, the interest amount is $3,159,000.

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Which of the following is true of innovation? a. Innovations are less likely to come from small businesses than from big busines
Alchen [17]

Answer:

The correct answer is d. Small businesses supply over half of all innovations in the U.S. marketplace each year.

Explanation:

The Patent System (SP) is an incentive scheme to boost the process of invention-technological innovation. The primary objective of a SP is that it has the capacity to protect innovators with the purpose of increasing the technical progress of the economy, but that, at the same time, it is efficient in spreading these innovations in order to boost economic development.

It is generally believed that small companies make little use of the patent system because they find it complicated and difficult; Some even think they don't even exist. However, studies show that "less relevant" companies were more active in developing emerging technologies than expected.

In this sense, it was shown that companies with less than 25 employees promoted more patents than companies that housed 50 workers who, in turn, developed a greater number of patents than companies with 100 employees, and so on.

7 0
3 years ago
If the inverse demand curve P = 180 – Q and the marginal cost is constant at ​$20​, how does charging the monopoly a specific ta
german

Answer:

$65

Explanation:

The inverse demand function is as follows:

P = 120 - Q

TR = 120Q - Q²

MR = \frac{dTR}{dQ}

MR = 120 - 2Q

The marginal cost is constant at $10.

The profit maximizing point is where MR = MC

MR = MC

102 - 2Q = 10

Q = 55

P = 120 - Q = $65

check additional details in the attached files

4 0
3 years ago
A sporting goods store is having a large sale event. baseball bats are marked down by 42%, and hockey sticks are marked down by
MissTica
B is the correct answer
5 0
3 years ago
Read 2 more answers
A lifelong learner is committed to ________.
natulia [17]

Answer:

c. Both theoretical and applied learning

Explanation:

Throughout life, students learn the theories at college and university so they are adept at applying them in the real world. For example, a college student learns mathematical theories to use them in everyday life. As an adult, a student chooses a college degree in which he or she will specialize. Then he will learn the theories to use them in his working life. For example, a student learns economic theories at university and applies them later in his job as an economist.

5 0
3 years ago
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The Arcadia Company has 200,000 shares of cumulative, seven percent, $200 par value preferred stock outstanding. Last year the c
mr_godi [17]

Answer:

the dividends in arrears = $2,800,000

the total dividend that must be paid this year = $5,600,000

Explanation:

<u>the dividends in arrears</u>

Last Year = 200,000 shares × $200 × 7%

                = $2,800,000

<u>total dividend that must be paid this year</u>

<em>Note : The Preference Shares are cumulative meaning that arrears in dividends are accumulated to be paid at a future date</em>

Last Year`s Dividend          $2,800,000

<em>Add </em>This Year`s Dividend  $2,800,000

Total                                     $5,600,000

4 0
3 years ago
Read 2 more answers
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