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Ne4ueva [31]
3 years ago
7

Ashes Divide Corporation has bonds on the market with 18 years to maturity, a YTM of 6.6 percent, and a current price of $1,156.

50. The bonds make semiannual payments. What must the coupon rate be on these bonds
Business
1 answer:
Mila [183]3 years ago
7 0

Answer:

Coupon Rate = 8.1%

Explanation:

Given:

Nper = 18 x 2 = 36 semiannual

Rate = 6.6% / 2 = 3.3% semiannual

Future Value = $1,000

Present Value = $1,156.50

Find:

Coupon rate

Computation:

Annual Interest Payment = PMT(Rate,Nper,PV,FV)2

Annual Interest Payment =PMT(3.3%,36,-1156.50,1000)2

Annual Interest Payment = $80.98 = $81  (Approx)

Coupon Rate = [Annual Interest Payment / Face Value]100

Coupon Rate = [81/1000]100

Coupon Rate = 8.1%

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IRISSAK [1]
The answer is E. <span>Gatekeepers 
In business context, gatekeepers refers to who connect you to another person that will be influential to your business.
Gatekeepers need to always make sure that both parties that they connect has the desired value that each party want, so Trust is the really important thing to maintain to ensure none of the party will get the short end of the stick</span>
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3 years ago
Which of the following contributed most significantly to the population trend in pre-Columbian Mexico described in the excerpt?
AURORKA [14]

Answer:

The correct answer is A: Trade and settlement resulting from maize cultivation

Explanation:

Before Europeans arrived in Mexico, there were several well-settled tribes and small kingdoms in the region which were in constant conflict since generations.  

Trade and Settlement due to maize cultivation had taken place thousands of years ago and by the time Europeans reached this part of the world, they found a thriving civilization which was not nomadic.

As a major crop, maize was able to provide sufficient nutrition and helped in the development of a major population centers including Mexico City.

7 0
3 years ago
Read 2 more answers
PLEASE HELP ME!
Svetlanka [38]
B. Secondary Target Market

7 0
3 years ago
An effective summary tool for an organization's situation analysis is referred to as
Maslowich

Answer:

4 SWOT analysis

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4 0
3 years ago
TravelEasy Inc. has issued 30-year semiannual coupon bonds with a face value of $1,000. If the annual coupon rate is 14% and the
rosijanka [135]

Answer:

Coupon (R) = 14% x $1,000 = $140

Bond yield (kd) = 8% = 0.08

No of years (n) = 30 years

No of compounding periods (m) = 2

Po= R/m(1-(1+Kd/m)-nm/Kd/m + FV/(1+Kd/m)nm

Po = $140/2<u>(1-(1+0.08/2)</u>-30x2 + 1,000(1+0.08/2)30x2

                         0.08/2

Po = $70<u>(1-(1+0.04)</u>-60 + 1,000/(1 + 0.04)60

                       0.04

Po = $70<u>(1-(1.04)</u>-60 + 1,000/(1.04)60

                 0.04

Po = 70(22.6235) + 95.06

Po = $1,678.71

Explanation:

The price of a bond is equal to the present value of coupon plus the present value of the face value.

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4 years ago
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