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tankabanditka [31]
3 years ago
11

You have been offered a 10-year bond issued by Tiger Inc., at a price of $950.00. The bond has a coupon rate of 8% and pays the

coupon semiannually. Similar bonds in the market offers a yield of 9% today. Should you buy the bonds at the offered price
Business
1 answer:
andriy [413]3 years ago
6 0

Answer:

since the market price is lower than the offered price, you should reject this offer

Explanation:

bond's market value

PV of face value = $1,000 / (1 + 4.5%)²⁰ = $414.64

PV of coupon payments = $40 x 13.00794 (PV annuity factor, 20 periods, 4.5%) = $520.32

market price = $934.96

since the market price is lower than the offered price, you should reject this offer

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what was a primary purpose of the program being promoted by this poster? (7f) question 9 options: to encourage women to join the
AlekseyPX

The primary purpose of the program being promoted by this poster was:  "to increase the food supply during a farm-labor shortage" (Option D)

<h3>What is the purpose in literature?</h3>

The literary goal is to amuse and provide aesthetic delight. The emphasis of the literary aim is on the words themselves, as well as their conscious and planned arrangement to generate a pleasing or enriching impact. When employing the literary goal, a writer frequently displays a viewpoint.

Literature is a way of documenting, conserving, and conveying information and enjoyment, as well as providing a social, psychological, spiritual, or political function. As an art form, literature can also encompass works in nonfiction genres such as biography, diaries, memoir, correspondence, and essays.

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4 0
1 year ago
Value Electronics Company started its operations on January​ 1, 2019. Value engages in buying and selling different types of ele
Sladkaya [172]

Answer:

The correct answer is A. purchase inventory from vendors

Explanation:

The inventory is a detailed, orderly and valued relationship of the elements that make up the assets of a company or person at a given time. In the past, it was normal for inventories to be carried out by physical means (they were written on paper), but now they are usually kept in databases centrally to an entire company, even if there are companies or small stores that continue doing so with paper.

The inventory is:

  • detailed because the characteristics of each of the elements that make up the heritage are specified.
  • ordered because it groups the assets in their corresponding accounts and the accounts in their assets.
  • valued because the value of each asset is expressed in monetary units.
5 0
3 years ago
The Inferior Goods Co. stock is expected to earn 13% in a recession, 7% in a normal economy, and lose 6% in a booming economy. T
Natalka [10]

Answer:

Ans. The expected rate of return on the Inferior Goods Co. stock is 5.90%

Explanation:

Hi, you just have to multiply the expected earnings by the probability of occurance of a certain event and then add up all the products. Here is the information all organized to be processed.

Item                  Prob Earn

Booming           20% -6%

Normal           55% 7%

Recession   25% 13%

Ok, now let´s calculate the expected rate of return.

ExpectedReturn=(0.2*(-0.06))+(0.55*0.07)+(0.25*0.13)

ExpectedReturn=-0.012+0.039+0.033=0.059

So the expected rate of return of the stock is 5.90%

Best of luck.

8 0
3 years ago
According to the __________, companies go through long, simple periods of environmental stability, followed by short, complex pe
valina [46]
I really don’t know sorry for this answer
4 0
3 years ago
Ruby wants to start her own business taking photographs. She already has her own camera, but needs to purchase lights, a photo p
Tom [10]

Answer:

$432.97

Explanation:

Total cost = cost of printer + cost of light + cost of photo paper

$251.99 + $150 + $30.98 = $432.97

6 0
3 years ago
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