1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
padilas [110]
3 years ago
11

Ted's Co. offers a zero coupon bond with an 11.3% yield to maturity. The bond matures in 16 years. What is the current price of

a $1,000 face value bond
Business
1 answer:
Helga [31]3 years ago
3 0

Answer:

Zero-cupon bond= $835.45

Explanation:

Giving the following information:

Face value= $1,000

YTM= 11.3%

Years to maturity= 16 years

<u>To calculate the price of the bond, we need to use the following formula:</u>

<u></u>

Zero-cupon bond= [face value/(1+i)^n]

Zero-cupon bond= 1,000 / (1.113^16)

Zero-cupon bond= $835.45

You might be interested in
A project requires an initial investment of $10 million today. If the cost of capital exceeds the project IRR, then the project
xz_007 [3.2K]

Answer:

Negative NPV.

Explanation:

present value of cost exceeds present value of revenue that is been assumed in the investment plan of the said company/firm.

Net Present Value describes one of the discounted techniques of cash flow used in capital budget to determining the viability of a project or an investment. It is seen to have a huge difference between the present flow of the firms; which is cash inflows and the present value of cash outflows over a period of time. Experts has tagged its primary advantage to be that it is seen to considers the concept of the time value of money.

3 0
3 years ago
The financial statement that shows revenue and expenses for a period of time is the
zavuch27 [327]
<span> The </span>income statement<span> reports revenues and expenses and the resulting </span>net income

8 0
3 years ago
Identify two characteristics of utilitarianism, two characteristics of virtue ethics, and two characteristics of deontology. Wri
givi [52]

Answer:

Explanation:

One claim of unethical practice done by Starbucks is that they do not give a chance for small coffee-shops and try to cease them out by acquairing them or competing aggressively. However in the case of buying the coffeeshops they evaluate the price of the shop generously.

In terms of utilitarianism, the action of buying out small shops through generous offer is considered not unethical, because if Starbucks sets up their business nearby the small shop, it will most likely suffer and by purchasing them it is actually a favor for coffeeshops.

The characteristics of utilitarianism is:

The end result of an action should be the most positive outcome for all the parties concerned

The action that leads to the end result is not as important as the result itself

Even though discussed issue is ethical in temrs of utilitarianism view, it is unethical in terms of deontology. Starbucks is causing the shut down of the local business and also discouraging its growth.

The characteristics of deontological ethics is :

The action is the most important focus of the ethical consideration

The result may not be the best but the entity/person in charge should take an ethical action

The third part is the virtue ethics.  As per the virtue ethics, we cannot say that the action is ethical. This is not the only blame that Starbucks faces. They face allegation of exploiting coffee farmers, damaging the environment and mistreating their employees.

The characteristics of virtue ethics is

The moral value of the person/organization is more important than action or the result

Even if the action is unethical or the result is unethical, the moral of the person/company can still be correct.

3 0
3 years ago
A typical American worker covered by unemployment insurance receives _____ percent of his former wages for up to ________ weeks.
erica [24]

Answer:

correct answer is 50% and 26 weeks

Explanation:

solution

American worker wage replacement rate for the minimum wage worker is 50 percent of former wage

and weekly benefit  for the full time and full year worker earn minimum wage they not replace 50 percent of lost income

and worker  run out of benefit  prior to  standard that is 26 weeks

so correct answer is 50% and 26 weeks

5 0
3 years ago
Some poople argue that the only beneficiary of the entrepreneurial wealth is the entreprenceur him/herselt Do you agree? Why or
Ugo [173]

I do not agree that “the only beneficiary of the entrepreneurial wealth is the entrepreneur him/herself.”

The entrepreneur may be the chief beneficiary when she is alive to reap the rewards of their entrepreneurial efforts. But, she is certainly not the only beneficiary of the entrepreneurial wealth that she creates. Nobody works in isolation. When the entrepreneur commences her business, society as a whole benefits because any individual wealth created increases the wealth of the nation and the world. She only gets the profit share of the created wealth. Customers who patronize her services and goods also derive satisfaction of needs (utility or value). The entrepreneur's wealth is also shared to the government in form of taxes. Suppliers of primary goods and services also share in the wealth of the entrepreneur. And employees of the entrepreneur also take a large share of the created wealth.

But, who is an entrepreneur? She is somebody who assumes some entrepreneurial (first-time) risks in order to set up a business for the manufacture or provision of goods and services for the purpose of profit. Her business may not be profitable in the short-run. She can even lose tons of money initially until the profit stage sets in. As she preserves, the profits will start rolling in, provided she had done her homework well.

8 0
2 years ago
Other questions:
  • Which statement best describes how an informational interview differs from a job interview
    7·2 answers
  • A table of notes receivable for 2018 follows:
    15·1 answer
  • __________are products that are designed and produced from the start to meet unusual customer needs or requirements. They repres
    15·1 answer
  • Borrowers who met certain requirements for mortgages, such as minimum income level relative to the total mortgage amount, could
    6·1 answer
  • Flash Card Inc. recently underwent a significant company-wide change that involved revision ofits manufacturing and leadership p
    11·1 answer
  • To the extent that Italian Americans have intermarried with Anglo Americans and are proportionately represented in various socie
    10·1 answer
  • Which of the following is considered a constructive delivery of a gift?
    5·1 answer
  • Todd and Cathy created a firm that is a separate legal entity and will share ownership of that firm on a 50-50 basis. Which type
    12·1 answer
  • What is the customer's goal?
    14·1 answer
  • Singapore Airlines is rated one of the best airlines in the world and often requires ticket agents to serve as baggage handlers.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!