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amm1812
3 years ago
12

Consider the following yields to maturity on various one-year zero-coupon securities: Security: Treasury AAA Corporate BBB Corpo

rate B Corporate Yield (%): 4.6 4.8 5.6 6.2 The price (expressed as a percentage of the face value) of a one-year, zero-coupon, corporate bond with a BBB rating is closest to:
Business
1 answer:
Katyanochek1 [597]3 years ago
4 0

Answer:

94.70%

Explanation:

The computation of the price expressed as a percentage of the face value is given below:

= Price ÷ Face value × 100

= (Face value ÷ (1 + YTM)) ÷ Face value × 100

= ($1,000 ÷ (1 + 5.6%)) ÷ ($1,000) × 100

= $946.97 ÷ $1,000 × 100

= 94.70%

Hence, the price expressed as a percentage of the face value is 94.70%

Here we assume the face value be $1,000

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Item5 1.25 points eBookPrintReferencesCheck my workCheck My Work button is now enabledItem 5 Exercise 2-12 Computing Predetermin
Law Incorporation [45]

Answer:

Follows are the solution to the given points:

Explanation:

 In point 1:

The pre-determined overhead rate value:

= (\frac{654,000}{155,000})+4.40 \\\\= 4.21+4.40\\\\= \$ 8.61 / MH

In point 2:

Calculating the total manufacturing cost:

\text{Direct material} \to 390\\\\\text{Direct labor}  \to  230\\\\\text{Manufacturing overhead} (36 \times 8.61)  \to 309.96\\\\\text{Total manufacturing cost}\to 929.96

In point 3:

The unit product cost:

= \frac{929.96}{60}\\\\ = \$15.49 / unit

In point 4:

Calculating the selling price per unit:

= \$15.49+(\$15.49 \times  130\%)\\\\ =\$15.49 + 20.137 \\\\ = \$35.627 \approx \$36 / unit

3 0
3 years ago
Which of the following is NOT a career and technical student organization mentioned in the presentation?
konstantin123 [22]

Answer:

FHA or Computers for Kids

3 0
4 years ago
You purchased a stock at a price of $56.04. The stock paid a dividend of $2.31 per share and the stock price at the end of the y
sineoko [7]

The dividend yield for the given stocks is 4.12%.

What is dividend yield?

  • A financial ratio (dividend/price) called the dividend yield, which is stated as a percentage, demonstrates how much a firm pays in dividends annually in relation to the price of its stock.
  • The price/dividend ratio is the counterpart of the dividend yield.
  • The dividends from real estate investment trusts (REITs), master limited partnerships (MLPs), and business development corporations (BDCs) are taxed more heavily than the typical dividend.
  • The dividend yield of a stock may be rising as a result of a dropping stock price, therefore it's crucial for investors to remember that greater dividend yields do not always signal appealing investment prospects.

<u>Solution:</u>

We know that dividend yield = \frac{Dividend per share}{Share price} × 100

dividend yield = \frac{2.31}{56.04} × 100 = 4.12%

Know more about dividend yield numerical brainly.com/question/14254149

#SPJ4

4 0
2 years ago
From the ledger balances below, prepare a trial balance for Crane Company at June 30, 2022. All account balances are normal. Acc
sergey [27]

Answer:

The balancing figure = $28,350

Explanation:

The question is to prepare the trial balance for Crane Company for June 30, 2022

A trial balance represents a statement that contains all the debit and credit balances from the account book of an organisation. It is used to show the arithmetic accuracy of the books of account.

<u>CRANE COMPANY'S TRIAL BALANCE AT JUNE 30, 2022</u>

Accounts Title                                   Debit ($)             Credit ($)

Accounts Payable                                                          2000

Accounts Receivable                        2,680

Cash                                                    5,810

Common Stock                                                               17,410

Dividends                                            1,590

Equipment                                          13,340

Rent expenses                                      1,320

Salaries and Wages                             3,610

<u>Service Revenue                                                               8,940</u>

<u>  </u><u>                                                              28,350                 28,350</u>

7 0
3 years ago
What are the required components of a database function? Check all that apply.
shtirl [24]

Answer:

=

D in front of the command

range

field

criteria

Explanation:

8 0
3 years ago
Read 2 more answers
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