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natima [27]
3 years ago
8

What is the yield to maturity of a one-year zero-coupon bond with a $10,000 face value and a price of $9400

Business
1 answer:
svp [43]3 years ago
3 0

Answer:

6.383%

Explanation:

Calculation for the What is the yield to maturity

Using this formula

YTM=n√Face value/Bond price -1

Where,

n=one-year

Face value=10,000

Bond price=9,400

Let plug in the formula

YTM=1√10,000/9,400−1

YTM=1.06383-1

YTM=0.06383*100

YTM=6.383%

Therefore the yield to maturity will be 6.383%

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You have just determined that the actual number of workstations that will be used on an assembly line is 6, using assembly line
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The span of control for a manager: a. should never exceed 7 subordinates. b. varies somewhat from manager to manager, but most m
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A manager can be defined as an individual who is saddled with the responsibility of supervising and ensuring his subordinates (employees) are working effectively and efficiently with the organization's goals and objectives.

In Business management or human resource management, span of control can be defined as the number of subordinates or junior level staffs who are directly controlled by a superior (manager).

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<em>This ultimately implies that, span of control is directly proportional to the organizational structure and any other factor around them.</em>

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Bruno and Diana are trying to calculate their gross income. Which of the following items should they exclude from their gross in
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Sheffield Corp. makes and sells umbrellas. The company is in the process of preparing its Selling and Administrative Expense Bud
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Answer:

How much is the total budgeted variable selling and administrative expenses for October?

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Explanation:

                                  Variable Cost          Fixed Cost        Total costs

                                  <u>   Per Unit        </u>        <u>                    </u>       <u>for 7,000 units</u>

Sales commissions        $0.60                     $7,000              $11,200

Shipping                          $1.20                                                $8,400

Advertising                     $0.30                                                $2,100

Executive salaries                                       $34,000           $34,000

Depreciation                                                  $8,000             $8,000

<u>Other                              $0.35                    $28,000           $30,450</u>

TOTAL                            $2.45                    $77,000            $94,150

How much is the total budgeted variable selling and administrative expenses for October?

total variable costs per unit = $2.45 x 7,000 units = $17,150

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