The yield to maturity for the bond issued by Xenon, Inc. is 7.62%.
<h3>What is the yield to maturity for the bond issued by Xenon, Inc.?</h3>
The yield to maturity of a bond is the total return that would be earned if a bond is held to maturity.
The yield to maturity can be determined using a financial calculator:
- Coupon = 7.1% = 0.071 x 2000 = $142
- Number of years = 2042 - 2019 = 23
- Price =0. 94387 x 2000 = 1,887.74
- Full price = 2000
YTM = 7.62%
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Due to the clientele effect, different payment policies will draw various types of investors.
What is Clientele effect?
- The clientele effect is a frequent occurrence when shareholder desires have an impact on stock prices.
- The way that a certain category of stocks is sought after by individual investors is one aspect of the clientele effect.
- Dividend clientele, a term denoting a group of stockholders who have similar views on how a certain firm handles its dividend policy, is an example of this effect in action.
- The clientele effect is a shift in share price brought on by business choices that prompts investor responses.
- The clientele effect discusses how the needs and objectives of a company's investors can affect its stock price.
- According to the clientele effect, when a firm changes one or more of its policies, certain investors' stock holdings will change in accordance with their initial attraction to those policies.
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Just minus 2017 by 1942, and the age should be 75
Answer:
the quantity supplied will exceed the quantity demanded.
Explanation:
A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price.
Because price is set above equilibrium price, quantity supplied would exceed quantity demanded and there would be a surplus.
If price were set below equilibrium price (the price floor is non-binding) there would be shortages as quantity demanded would exceed quantity supplied
Time value of money <span>it's best to have money today, so it can be put to work sooner to make even more money. When you have money now, you can invest and start building </span>interest on it. The quicker you have money, the quicker you start to grow your money and the sooner it can double, triple etc.
