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Zielflug [23.3K]
3 years ago
5

Global Communications has an 8 percent, semiannual coupon bond outstanding with a current market price of $1,021.26. The bond ha

s a par value of $1,000 and a yield to maturity of 6.74 percent. How many years is it until this bond matures?
a) 3.53
b) 1.82
c) 3.34
d) 1.71
Business
1 answer:
AnnZ [28]3 years ago
7 0

Answer: 1.82

Explanation:

Following the information given, the number of years that it will take until this bond matures will be calculated thus:

Current price = $1021.26

Coupon = 8% = 0.08

Face value = $1000

Semiannual coupon = 0.08/2 × 1000 = 40

Semiannual Yield = 6.74%/2 = 0.0674/2 = 0.0337

Total semiannual period = NPER(0.0337, 40, -1021.26, 1000) = 3.64

Total years will now be: = 3.64/2 = 1.82

Therefore, the correct option is B.

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Answer:

factor affecting hr fire forecasting

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Technological changes.

Organizational changes.

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Shortage of skill due to labor turnover.

Pressure groups.

Economic factors.

Explanation:

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3 0
3 years ago
Bertrand is an avid supporter of protectionism. His primary platform is the idea that the United States imports too many foreign
romanna [79]

Answer:

The correct answer is letter "A": The National Security Argument.

Explanation:

According to the National Security Argument, it is a threat to depend on another country for economic sustainability purposes. This point of view proposes that self-sufficiency is the only means of progress for a nation. Exceptional cases such as wars are usually cited with this theory to point out that under those circumstances relying on another country -for fuel, for instance- could represent a big drawback.

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3 years ago
Ang Li has found it rather hard to move up in her managerial career at her workplace especially when compared to how fellow grad
vovangra [49]

Answer:

The correct answer is "glass ceiling"

Explanation:

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7 0
4 years ago
Uncle Fred recently died and left $280,000 to his 45-year-old favorite niece. She immediately spent $80,000 on a town home but d
Marrrta [24]

Answer:

6.06%

Explanation:

The computation of the rate of return is shown below:

Given that

NPER = 20 years

PV = ($280,000 - $80,000) = $200,000

PMT = $0

FV = $75,000 × PVIFA factor at 10% for 21 years

= $75,000 × 8.6487

= $648,652.50

The following formula should be applied

= RATE(NPER;PMT;-PV;FV;TYPE)

The present value comes in negative

After applying the above formula, the rate of return is 6.06%

7 0
3 years ago
Century Lab plans to purchase a new centrifuge machine for its New Hampshire facility. The machine costs $ 225 comma 000 and is
hichkok12 [17]

Answer:

a. Calculate the net present value.

  • $49,048

b. Calculate the internal rate of return

  • 14%

c. Calculate the accrual accounting rate of return based on the net initial investment.

  • see attached spreadsheet

d. Calculate the accrual accounting rate of return based on the average investment.

  • 17%

Explanation:

machine cost $225,000

useful life = 10 years

salvage value = $3,000

cash flow per year = $48,500

additional working capital = $39,000

discount rate 10%

I used an excel spreadsheet because is not enough room here:

Download pdf
7 0
3 years ago
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